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Return on Investment Calculator

Submitted by BDL on Fri, 2012-01-27 10:21 | Last Edited on Sat, 2016-04-23 09:29
Did you know that you really get a lot of bang for your buck from your library? The average property-owning taxpayer in Branch county pays on average $41.54 each year in taxes to support our district library services. If you check out 1 hardback book in a year, you've already got more from the library than you put in. Check out our Return on Investment Calculator below to see just how much value you get from your tax dollar investment.

Please enter the number of times you use the following library services each month

Your UseLibrary ServicesValue of Services
Value you receive monthly from your library: $
For every $1.00 in taxes you invest in your library, you receive $ of value in return*

Where did these numbers come from?
Typical taxpayer contributions are determined by taking the average state equalized value (SEV) of a home in Branch County. This number ($37,590, as of 2/3/2014) is then multiplied by our effective millage rate (1.105) divided by 1000. We determined the value of some library service figures from the School Library Journal, and others from the Maine State Library's Library Use Calculator. The remainder come from our own local costs. Code for this calculator was adapted from the Colorado Library Research Service Return on Investment Calculator.

*Your personal return on investment is based on your responses and the typical annual tax contribution for a property owner in Branch County, Michigan. You see a returned value of $ for every one dollar invested.