Collection Budget: Introduction

August 2024 important update:

The University Libraries received additional funding after the start of the FY 25 budget year. This funding will not be enough to fully restore the three journal packages set to be cut but will allow the Libraries to retain certain titles based on usage data and input received through the feedback form. Please take a moment to complete the feedback form with journal titles on the non-renewal list that are important to you and your discipline. If you have already responded to the feedback form with suggestions, you do not need to respond again. We will make every effort to renew titles deemed most valuable and those that are heavily used.

We’ve had a few questions come in about the proposed cuts that we want to address:

1. When will the cuts take place? For most of the journals, we have access through December 31, 2024 so the cuts will take place in January 2025.
2. Why were these journal packages selected for the cuts? Many of the journal and database packages available through the Libraries are on multi-year agreements which reduces inflationary pressures but restricts our ability to make any changes unless the agreement is up for renewal. The three packages selected for the cuts were all up for renewal in FY 25 so we could make cuts to them without violating any agreements. The three packages were also large enough that they would provide the cost savings to meet the budget shortfall.

May 2024 update:

As of May 1, 2024, University Libraries’ FY25 budget faces a shortfall of over $750,000, which hinders our ability to offer the current array of journals, databases, and other resources. Each library (not including the Law Library which is managed separately) will see budget cuts compared to the previous fiscal year. Some of the reduction may be offset by increased endowment spending, but most will come from non-renewal of existing resources. Currently, University Libraries are identifying resources for non-renewal. Updates will be available on this webpage.

If you have feedback, please provide it via the feedback form.