Many libraries around the country expect budget shortfalls in 2011 due to the current economic times and increases in the cost of journals, databases and books. Some publishers and vendors understand that libraries are facing budget shortfalls and are keeping their price increases at a minimum or are maintaining the same price for the next subscription year. Overall, the UT Health Science Center libraries predict an annual cost increase of approximately 5% for electronic journals and databases (in prior years an 8-10% increase was typical) and 3-4% for books in the next year. Although these cost predictions represent averages, some publication costs will increase well beyond the average.
Each year, librarians review the library’s subscriptions to electronic journals and databases to determine if there are titles that can be canceled. This annual review allows the library to free some funds for new subscriptions and to manage its materials budget within the annual inflation rate for subscriptions. A list of possible titles for non-renewal in 2011 resulted from this annual review of journal subscriptions and other electronic resources. This list can be found at this url: http://www.library.uthscsa.edu/using/nonrenewals.cfm
Multiple criteria were used to generate this list: lower use than expected, high cost, duplicate content with another resource, or some combination of these. Cancellation of some of the library’s resources will be essential to ensure that our subscription costs remain within our budget.
The library’s main sources for funding information resources are the state-legislated Books, Serials, and Binding budget and the Student Resource Fee, paid by students as they register each semester or academic year. Although these combined sources will provide funding for most of the library’s collection of electronic and print resources, it will not be possible to continue all resources within the amount of funding available for fiscal year 2011. In addition, the non-renewal list may need to be expanded depending on whether the library will receive LERR funding for fiscal year 2011.
We invite your comments and suggestions about this review process. Please send them to John Weed, Head of Collection Resources, firstname.lastname@example.org.
Executive Director of Libraries