6The Costs

Seekonk Public Library provides a tremendous value to our community. As you can see from the graphic above, the total value of programs and services in 2019 was over $4.1M. The public service return on investment was $4.42. All of this was done while using only 1.75% of all Seekonk tax dollars.

Because of the work of a dedicated group of citizens, the Library was awarded a Massachusetts Board of Library Commissioners capital grant of $7.3M to offset the costs of the $19.6M project. The grant pays for 37% of the total project costs. The Seekonk Library Trust has pledged to raise $1,000,000 to further offset costs.

The public will be asked to approve $12,277,145 in public funding—this amounts to an average of $101.87 per year—or $1.96 a week, less than a cup of coffee! The full amount of the bond will be considered at the Town Meeting and the subsequent ballot vote. However, once the state grant and capital campaign is accounted for, the final town responsibility will be $12,277,145.

If You Support a New Library for Seekonk