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The Case for CLC Funding

Posted By CLC Staff, Monday, February 5, 2018
Updated: Friday, March 1, 2019

UPDATED February 2019

 

CLC's funding has been cut by 63% since 2014. What would be the impact if libraries across the state had to pay over $7.3 million more for the same products and services they are currently getting from CLC? Imagine the cost of every library having to devote resources to negotiating their own bids and contracts.

 

Recent history of CLC funding and Return on Investment (ROI)

 

FY Ending

Original

Appropriation

Amount Received
after holdbacks
& rescissions

 Member

Savings

ROI**

 2012 $350,000  $332,500  $6,225,316  $17.72
 2013 $350,000  $332,500  $6,821,378  $19.52
 2014 $332,500  $332,500  $7,124,258  $20.43
 2015 $332,500  $315,875  $7,252,273  $21.96
 2016 $190,000  $185,444  $7,394,659  $38.88
 2017 $190,000 $174,800 $7,487,831  $41.84
 2018 $184,300  $124,402 $7,320,548  $57.85
 2019 $184,300  $124,402  TBD  TBD
 2020 *$124,402 TBD    

*Governor's proposed figure

**For every state dollar spent funding CLC, Connecticut libraries saved this amount. Formula: (savings-grant)/grant

 


Tags:  2018  CLC Funding  ROI 

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