Using the “Library Value Calculator” (I Love Libraries, n.d.), I estimated figures for the last two or three months related to my using the public library.1
- Adult books borrowed: 3, for a value of $51.00
- YA books borrowed: 5, for a value of $60.00
- Audiobooks borrowed: 3, for a value of $28.50
- eBooks downloaded: 5, for a value of $75.00
- Adult programs attended: 2, for a value of $30.00
These figures gave me a total dollar value of $244.50, and represent what Matthews (2019) describes as the “monetizing” of library services. I would say that, yes, I am easily “getting my money’s worth” through the savings realized by not having to purchase the books I want to read.
We were asked to consider if the value of libraries “can even be monetized.” I would say that the library valuation calculator can assign a dollar-value to each book, audiobook, or eBook that I borrowed, as well as dollar value for each adult program I attended, but those assigned values can’t capture the transformative possibilities reflected through my use of these items.
How can I assign value, for example, to books that help me to be a better librarian, or that enable me to gain a greater understanding of myself? Doing so would need to incorporate measuring service outcomes, and the calculator is only equipped to measure the items’ monetary value.
Notes:
1. One resource I’ve made use of that is not represented by this calculator is a free ePrinting service, up to $5 worth per day (Sonoma County Library, n.d.-a). I would email the job to an account that corresponds to the branch library and type of job (either color, or black and white). I could then go and retrieve my documents from the printer in the library. The library assigns a value of 50 cents to each color printing (Sonoma County Library, n.d.-b). Fifteen color print jobs through its free ePrinting service would have a $7.50 value.
References:
I Love Libraries. (n.d.). What’s your library worth? What libraries do. https://ilovelibraries.org/what-libraries-do/calculator/
Kammer, J. (n.d.) Accountability and the public library [Video and slide presentation]. University of Central Missouri, LIS 5804.
Matthews, J.R. (2019 ). What is the value of a public library? Possibilities, challenges, opportunities. Public Library Quarterly 38(2), p. 121-123. https://www.tandfonline.com/doi/full/10.1080/01616846.2019.1602750
Sonoma County Library. (n.d.-a). e-Printing. https://sonomalibrary.org/curbside-printing
Sonoma County Library. (n.d.-b). Public computer workstation procedures. https://sonomalibrary.org/about/library-policies/public-computer-workstation-procedures
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