(click on chart for larger image)
The ARL's Journal Prices & Library Budgets provides an overview of the budget decisions facing all academic research libraries in the U.S. Monograph & Serial Expenditures 1986-2004 shows the steep cost increases of journal subscriptions to research libraries.
From the ARL website:
Scholarly communication relies in part on the ability of research libraries to purchase published works. The marketplace for scholarly publishing has developed in ways that challenge libraries' ability to acquire the works needed by their users. Commercialization of publishing in both the for-profit and nonprofit sectors has led to egregious price increases and unacceptable terms and conditions of use for some key research resources needed by the scholarly community.
The entire run of backfiles to 33 Annual Reviews publications are now available online at Annual Reviews (via UHM Library proxy) to UH Manoa Library patrons. Annual Reviews is a nonprofit scientific publisher and its Annual Reviews publications are some of the most highly cited in the science and social science literature. The UH Manoa Library was able to participate in a consortial deal that made the one time charge for the backfiles affordable.
May 25, 2007
The State of Hawaii Legislative Budget finalized in May, (see spreadsheet on VCAFO site) does not allocate any additional funds to the UH Manoa Library, thus the UH Manoa Library base budget will not be increased through state funds.
The UH Manoa Library requested two line items that were approved by UH Manoa administration, UH System administration, and the UH Board of Regents. The two line items requested were, Access to Collections, $500,000 and Maintaining the Collections, $2.5 million over 2007-2009.
The UH Manoa Library has a materials budget of $6 million annually. This budget has been relatively flat for a number of years, compared to the rapidly increasing costs associated with our journal subscriptions, (see UH Manoa Library Expenditures). This chart shows that compared to our peer institutions and most of the Association of Research Library institutions, the UH Manoa Library receives fewer dollars to maintain collections to support our institution's research and instruction.
Of the $6 million, the portion for serials (journals and monographic standing orders) was $5 million in 2007. There is an ongoing annual inflation rate for the cost of journals of five to ten percent, which means that an increase in the serials budget of between $250,000 and $500,000 is needed for 2008 to maintain the subscriptions we now hold. The UH Manoa Library budget had a projected $1 million shortfall for 2007, (to view the slides presented to the campus in January 2007, see pdf of slides). By cutting over $600,000 in book purchases, and other operational costs the Library will stay within its budget. To ensure that we continue to stay within our materials budget of $6 million for 2008, the library needs to cut over $1 million from the materials (books, journals, databases) budget.
The library is now reviewing Elsevier Science Direct titles as the $1 million we pay to Elsevier is one of the major expenses facing the Library, see Review of Elsevier Journals and Comments by Faculty and Students to review comments about the Science Direct cuts by UH Manoa Library faculty.
The UH Manoa Library Collection Development Officer, Kris Anderson, sent this email May 1st:
As you have heard, the UHM Library had a deficit this year which is the direct result of inflation under a flat budget. The librarians need your input. Please take the time to look at: http://www.hawaii.edu/sciref/collections_review/sd/.
There will be a librarian in the Yap Conference room (A153) of Hamilton Library all day Wednesday, May 2nd, Friday, May 4th, and Tuesday May 8th to answer your questions and listen to your input. This cut will hugely impact the Sciences but will affect everyone who does research. We need to hear from you.
Kris Anderson
Collection Development Officer
Hamilton Library
The lists of journals published or hosted by Elsevier, which the library will either cancel or subscribe to, can be accessed from http://www.hawaii.edu/sciref/collections_review/sd/.