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DEFINITION
Major capital expenditures (the acquisition of or additions to fixed assets) are included. Examples include expenditures for (a) site acquisitions; (b) new buildings; (c) additions to or renovation of library buildings; (d) furnishings, equipment, and initial book stock for new buildings, building additions, or building renovations; (e) library automation systems; (f) new vehicles; and (g) other one-time major projects. Federal, state, local, or other revenue used for major capital expenditures are included. Only funds that are supported by expenditure documents (e.g., invoices, contracts, payroll records, etc.) at the point of disbursement are included. Estimated costs are not included. Expenditures for replacement and repair of existing furnishings and equipment, regular purchase of library materials, and investments for capital appreciation are not included. Contributions to endowments, or revenue passed through to another agency (e.g., fines) are not included. Funds transferred from one public library to another public library are reported by only one of the public libraries.
Correlations > Education Statistics > Public Libraries > Capital Expenditures
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About Correlations:
A correlation is a statistical measure of similarity between at least two given sets of data. StateMaster's
correlations compare two variables from our database and reveal statistical relationships between them. The percentages
you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed
variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause
the other. Also, not all variables contain all states, rather subsets of states matched together.
VIEW FOR THIS VARIABLE:
NOTES:
- Outliers have been removed only where they are outside 3 standard deviations of the mean.
- Only variable pairs where at least 15 states match for each have been considered.
- Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed
DEFINITION: Major capital expenditures (the acquisition of or additions to fixed assets) are included. Examples include expenditures for (a) site acquisitions; (b) new buildings; (c) additions to or renovation of library buildings; (d) furnishings, equipment, and initial book stock for new buildings, building additions, or building renovations; (e) library automation systems; (f) new vehicles; and (g) other one-time major projects. Federal, state, local, or other revenue used for major capital expenditures are included. Only funds that are supported by expenditure documents (e.g., invoices, contracts, payroll records, etc.) at the point of disbursement are included. Estimated costs are not included. Expenditures for replacement and repair of existing furnishings and equipment, regular purchase of library materials, and investments for capital appreciation are not included. Contributions to endowments, or revenue passed through to another agency (e.g., fines) are not included. Funds transferred from one public library to another public library are reported by only one of the public libraries.
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