From Virginia Business:
In January, the [Fairfax County] library system will release its Return on Investment (ROI) Report, detailing in business terms its value to the county’s 1.2 million residents.
The Fairfax library system is the largest in Virginia, with 23 branches and a $37.6 million annual budget. For every $1 invested in the library, the report says, the community receives a return of $6.51 in the form of access to resources, programming, services and technology.
In fiscal year 2017, the report says, the Fairfax library provided $244.6 million in resources and services to county residents.
The library, which has 400,000 cardholders, annually circulates more than 10 million books and 1.5 million digital books. The 5.5 million children’s books borrowed in FY 2017 were valued at more than $94 million.
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