Budget Actions Taken in 2009-2010 to Redress Projected Shortfalls for Fiscal Years 2010 and 2011
After nine years of inflation in book and journal costs with no new continuing money from the campus, a structural deficit has emerged in the collections budget. If nothing were done, and current book and journal inflation rates hold, we anticipate the structural deficit in fiscal year 2011 would approach $3.92 million. Given this context, the Library is systematically reducing expenditures on collections. This was originally announced in University Librarian Tom Leonard's memorandum to deans and directors, June 2009 (PDF).
For fiscal year 2010, we cut 7% from monograph budgets. We then spent Spring 2010 developing proposed lists of locally purchased journals for a cancellation of an additional 7½% of selectors funds to be realized during 2011. These candidates were discussed with faculty, and cancellations have been made. Some have already taken effect; some will take effect January 1, 2011. We also participated in a UC systemwide process to identify what e-resources negotiated by CDL could be discontinued.
While we reduce our expenditures, we will
Leverage collaborative opportunities. We will continue to work with University of California sister campuses to expand resource sharing programs in place, with a particular emphasis on licensed resource services provided by the California Digital Library. We are working directly with Stanford University Libraries to develop a range of cooperative collection development agreements that will more fully exploit the print resource sharing infrastructure in place between the organizations since 1998. And we will continue to work with appropriate collections-partner institutions in national and international networks.
Expand funding base. The Library capital campaign "Strengthening the Research Collections" will focus on building ongoing sources of non-state collections funds. The target is to create a source of funding that will grow by the annual figure of approximately $600,000 that is needed to cover inflation.
Maintain commitment to transforming the scholarly communication environment. The Library will maintain its commitment to supporting innovative programs such as the Springer "Open Choice" pilot, the SCOAP³ initiative in physics, arXiv membership, expanded federal mandates for open publishing of publicly funded research, and the local open access publishing subsidy program (BRII).
