A new independent study recently revealed as much as a 400% return on taxpayers’ investment for local Santa Clara County Library District (SCCLD) residents. Estimating the value of Library services to its patrons to be between $83 million and $171.8 million, the study looked at quantifiable services for which the value can be easily measured. These services include the borrowing of materials, ongoing children’s programs, online database searches, and many more. When the value of services was divided by SCCLD’s annual operating expenditures, the results show that for every dollar spent the community receives $2.50 - $5.17 in direct benefits.
In addition to analysis of these quantifiable benefits, the study also included interviews with key community stakeholders who identified numerous broader