I mentioned on the second show that, having reviewed the South Carolina study, I would like to see more states doing Return On Investment (ROI) analyses. Michael Pate pointed out that Florida has recently published a similar study. I haven’t looked at the final reports closely yet, but here’s what stands out right away: “Florida’s public libraries return $6.54 for every $1.00 invested.” Yeah, baby!

Updated 02/03/05: Alane Wilson sent along this bibliography of sources consulted for OCLC’s Advocacy advertising effort. The list includes the Florida study along with other interesting papers on the valuation of library services.