A study of the socio-economic value of Queensland public libraries.

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Presentation transcript:

A study of the socio-economic value of Queensland public libraries

The Library Dividend What is it? The Library Dividend is a study the economic and social value of public libraries State Library of Queensland commissioned SGS Economics & Planning to complete the study SGS used cost benefit analysis, economic impact analysis and qualitative insights by surveying 6,000 library users and non-users Seven case study library services, covering a representative range of local governments, provided extensive data

What did the study find? Nearly half of all Queenslanders are public library members Both library users and non-users value the services libraries offer – lifelong learning, literacy, internet access, supporting local culture and the arts Queensland libraries return $2.30 worth of community value for every dollar invested

What did the study find? In Queensland public libraries total economic impact is: $614 million in income $295 million in value added 3,135 full time equivalent jobs. 4

What does this mean for our community? In …….. $... was spent on library services last financial year This resulted in a benefit to the community valued at $.... This was a net benefit valued at $... The total (direct and flow on) impact of library activity to the local economy was $.... 5

“We moved from overseas with very little and the library was fantastic, both for resources and helping us integrate into the community.” “I live a long way out of town so it is also a good mutual place to meet.” “Libraries have been an important part of both my education and my life” Insert quotes from your feedback here ………….. More information available at: