Due to the current economic situation, the University Libraries are preparing to reduce the amount we expend on serials over next two years. We have prepared information for faculty so they might aid in the review of the titles selected.
Two factors influence the need for the present major cancellation review: potential budget cuts and anticipated inflationary costs for serials. For the next fiscal year, the budget for operations and materials has been reduced by 5%. Moreover, inflation for library materials has averaged 8%, well above the rate of consumer inflation. The two factors amount to a projected shortfall of 13%. Regrettably, the Libraries must prepare to reduce their level of acquisitions and subscriptions by this amount for next year based on usage and cost data.
Further information for faculty is located on the Serials Review and Cancellation Project - Spring 2009 website along with access to the lists of titles under review.
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