ROI Closer Look Published – Colorado Public Libraries Return on Investment 5 to 1

Thanks to the newest LRS staff member, Lisa Boyd, the ROI Closer Look report is finally published. The ROI study took place during a time of considerable upheaval at LRS with a staff change in every single position during the course of the project. So, we are very grateful to Lisa for bringing her considerable organizational and publication production skills to bear on this project. She was able to gather together all the individual pieces of the study and produce a document with all the ROI study findings in one place. Of course, the individual library reports, calculators, and other ROI information are still available on the ROI webpage.

For most of the libraries participating in the study, the return on investment (ROI) was approximately five to one—that is, for every $1.00 spent on public libraries, $5.00 of value was realized by taxpayers.

Data for this study were gathered using a combination of questionnaires, key informant interviews, and available data sources. Almost 5,000 Colorado residents responded to the library use and value survey.

Thanks to the eight libraries that participated in the study. Staff at these libraries generously shared their time and expertise to make this study possible.

- Cortez Public Library
- Denver Public Library
- Douglas County Libraries
- Eagle Valley Library District
- Fort Morgan Public Library
- Mesa County Public Library District
- Montrose Library District
- Rangeview Library District

For more information, please visit our ROI page at: http://www.lrs.org/public/roi/.

~Nicolle
steffen_n@cde.state.co.us

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LRS is part of the Colorado State Library, a unit of the Colorado Department of Education. We design and conduct library research for library and education professionals, public officials, and the media to inform practices and assessment needs. We partner with the Library and Information Science program at University of Denver's Morgridge College of Education to provide research fellowships to current MLIS students.

This project is made possible by a grant from the U.S. Institute of Museum and Library Services (IMLS).

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