VI. Library Materials Budget Distribution
VI. Library Materials Budget Distribution
At the beginning of the fiscal year, the University Administration determines the level of funding available for material purchases for the Library. Currently the Library Administration follows an established procedure based upon a formula approach which has been recommended by the Collection Development Committee.
Step 1: Electronic resources. The Collection Development Committee, through an ad-hoc committee evaluates fee-based electronic resources for the coming fiscal year. Once title recommendations are approved by the Collection Development Committee, funds for electronic resources are transferred to the Contractual line.
Step 2: Non-subject funds. Funds are allocated to non-subject funds for support of the collections in the Center for Inner City Studies Library, Government Information Center, the Curriculum Materials Collection, General Periodicals, Indexes, Reference, and Special Purchases. Funding for necessary Equipment, Binding, and Periodical backfiles also are included in the first step.
Step 3: Periodical subscriptions. Funds are allocated to support the current subscriptions by subject funds. A base periodical amount was established for each fund based on what was allocated in FY96. The base remained the same for the next 4 years. Inflation increases for funds expended are included when available in the budget.
Step 4: Book budget formula. A formula divides the remaining
available funds among the subject funds. Currently the formula
is an average of three percentages: the percentage of credit hour
production by department for the last academic year, the percentage
of circulation by LC class for the last fiscal year, and the percentage
of book title production by acquisitions commitment level based
upon the academic program multiplied by the book cost for the
academic discipline (Yankee Book Peddler New Title Output by Subject:
Trade & UP Combined).
Go to Section VII - Collection Development Committee
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