South Carolina Public Library Economic Impact Study - Illinois

• Library System Maximum: $1,763,193• Library System Average: $272,398Measure 6: To measure the economic value of the use of facilities and equipment in allpublic libraries in South Carolina.Purpose: To estimate the economic value of the use of facilities (for meetings,study, personal use, etc.) and equipment (computers, Internet access, copyingequipment, etc.) by all users of all public libraries. Morris, et. al. (2001a) estimatethat the value of these uses is 10% of the operating expenditures.Calculating formula: sum of total operating expenditures * .10• Sum total for all libraries: $7,872,119• Library System Minimum: $10,846• Library System Maximum: $1,332,466• Library System Average: $192,003Total Direct Economic Impact of South Carolina Public LibrariesMeasure 1 total: 79,914,285Measure 2 total: 4,730,215Measure 3(1) total: 64,415,630Measure 3(2) total: 24,071,990Measure 3(3) total: 4,142,000Measure 4 total: 26,269,818Measure 5 total: 10,351,105Measure 6 total: 7,872,119Total all direct impacts: $221,767,162Total all state and local income: * $77,541,128Every $1.00 expended by SC state and local governmentgives a direct return of $2.86*Note: total state and local government income (operating and capital) wascalculated by summing: local tax income (operating) + state income total(operating) + local (capital expenditures) government income + state governmentincome (capital expenditures).South Carolina Public Library Economic Impact Study 60