Uncertain economic conditions, the state budget reductions, and continued price increases for journals and databases above standard inflation rates will severely impact the collections budget this year. In FY2009/2010 the NCSU Libraries collections budget will sustain a cut of $1.5 million – a 15% reduction from the 2008/2009 allocation. Under the guidance of the University Library Committee and in consultation with the NC State community the Libraries undertook a comprehensive review process to prepare for these cuts.
The review included input from faculty, staff, and students and identified 499 titles for cancellation. In addition to the journal cancellations described above, the Libraries will also take the following steps to offset the cuts to the collections budget:
- Reduce monographic spending – estimate buying approximately 10,000 fewer books this year.
- Move to online only for many journal titles
- Freeze investment in new materials such as journals, databases, e-resources, backfiles,
The NCSU Libraries is committed to maintaining a collection of excellence that meets the research and learning needs of the NC State community. The collection is at the center of what we do and is essential to research and teaching. If you have questions or concerns about the cuts to the collections budget please do not hesitate to contact us:
Interim Head, Collection Management
Associate Director for Collections and Scholarly Communication
Or the Collection Manager/Branch Director for your subject area.
There is also an FAQ available that addresses a number of potential questions about the collections review including the Libraries’ commitment to document delivery for canceled titles, moving journal titles to electronic only to realize 5-10% savings on subscriptions, and the timeline for the overall process.
For university-wide suggestions on the budget situation and opportunities for efficiency at the university, the Chancellor has created a budget forum to update and solicit input from the university community.