Goodnight Memorial Library

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Individual Return on Investment Calculator

What is the Goodnight Memorial Library worth to you? During Fiscal Year 2009-2010, we saved you well over $2.4 million! Your public library is open 6 days a week, plus has a bookmobile that travels throughout the county. We have 17 public computers available with Internet access and many valuable software programs. We offer access to the Kentucky Commonwealth Virtual Library, which accesses libraries and databases around the world. We acquire materials and make them available for FREE! If you had to purchase the materials we provide for free, let's see what you would have spent:

• You borrowed 89,854 books. At an average cost of $25 per book, you could have spent $2,246,350!
• We subscribe to 55 magazines for you. At an average subscription cost of $35 per title, you could have spent $1,925.
• We subscribe to 5 newspapers for you. At an average of $75 per paper, you could have spent $375.
• You borrowed 57,313 videos & DVDs. At an average cost of $2.96 per rental, you could have spent $169,646!
• We borrowed 1,149 items from other libraries through the Interlibrary Loan program. Some of these are rare titles that cannot be purchased, but at an average cost of $25 per item, you could have spent $28,725!
• We answered 19,002 reference questions. Even if you were charged only $2 per question, you could have spent $38,004!
• You used our computer equipment 27,556 times. Places like Kinko's charge $12/hour for computer use. Many sessions lasted more than an hour, but at a cost of $12/session you could have spent $330,672!
• We provided 220 programs with a total attendance of 5,327, a 60% increase over last fiscal year! At a minimal average cost of $3 per person, you could have spent $15,981.
• You borrowed 6,376 audiobooks. At an average cost of $30 each, you could have spent $191,280!

The total you could have spent comes to $3,022,958. When you subtract the taxes collected by the library, $535,490.00, it comes to a total of $2,487,468 we saved the citizens of Simpson County! To see how it breaks down for you personally, use the Return on Investment calculator below.