School libraries have the potential to be a vibrant hub for learning, information, reading promotion, creativity, student leadership and social interaction within their school community. From an equity perspective, the school library is one of few places in a school open to all students, teachers and parents. In addition to providing a congenial learning environment and ‘safe haven’, the school library often offers a venue for extra-curricular activities, as well as school community events and meetings.
A good article on the economic value of school libraries in Australia
See on www.curriculum.edu.au