Expanding Online Only Journals
Projected budget reductions from the university, combined with expected inflation for journals and databases of $550,000 (at a 7% annual inflation rate), necessitate preparations for steep reductions to the collection. In FY 2014/2015 the collections budget will sustain a cut of about $750,000 – approximately 7.5% of the 2013/2014 allocation. Under the guidance of the University Library Committee and in consultation with the NC State community the Libraries will undertake a comprehensive review to prepare for these cuts.
Staff from the Libraries met with the Departmental Library Representatives in November 2013 to discuss approaches for managing these reductions. This group strongly endorsed the Libraries significantly increasing the number of electronic only journals to realize savings on subscriptions. The Libraries is committed to the immediate and long-term viability of the collection for teaching and research and actively engages in international collaborative efforts to ensure archiving of electronic journal subscriptions.
The ever increasing percentage of journals available electronically, the growing number of publishers offering price breaks for electronic only subscriptions, the predominance of electronic journal usage, and the extent of budget challenges for FY 2014/2015 necessitate the move of a number of journal subscriptions to electronic only. The Libraries will post updates on the process of moving titles to electronic only to this site. An FAQ is available that addresses a number of potential questions about the overall process and includes a list of journal subscriptions that will moved to electronic only.
The participation of faculty, staff, and students is critical in making the best possible decisions during this difficult period. As evidenced by the over 11 million uses of the collection over the past year, the collection is essential to research and teaching. We appreciate your guidance and collaboration.