Maintaining the serials budget in a flat budget year

Back in the spring of 2009, the Libraries partnered with faculty to identify low use or high cost-per-use journals which might need to be canceled to balance our budget. Thank you for your support in that endeavor. Since then, the Colgate Libraries have experienced three years of flat or declining materials budgets despite periodical inflation that has hovered around 6% annually. Serials expenditures currently consume 70% of the materials budget; last year we spent $1,495,891 on serials (excluding pay-per-view access). Maintenance of last year’s subscriptions would cost us an additional $89,753. In order to balance the FY2012 budget we had to cancel additional journals identified by faculty as lower priority in spring 2009 . Each year we have cancelled journals from this pool focusing on the highest cost-per-use titles first. We have been careful to check use statistics each year to verify that titles in this pool continue to demonstrate patterns of low use, or high cost-per-use. This is the third year of the cancellation project and we hope that we will not have to cancel any other titles in FY2013.
List of journals to be cancelled

Reply

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.