CLEVNET Return on Investment Study
Respected economic analysts Driscoll & Fleeter recently completed a study designed to, among other things, quantify return on investment for CLEVNET libraries. The study revealed a number of favorable results. Specifically, there was a collective cost savings of more than $30 million, which resulted from libraries being able to share cataloging services, administration, computer equipment and professional support, as well as to consolidate circulation. Such savings translated into an average $6 return for every dollar invested by CLEVNET libraries. In addition, it was determined that, in a given year, the cumulative value of accessed research and items borrowed or downloaded in the CLEVNET system nears $27 million. More than one million library cardholders from Sandusky to Fairport Harbor to Wooster have benefited from CLEVNET resources.
Full Driscoll & Fleeter Report
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