1. NCSU Libraries Collections Budget Presentation University Library Committee October 28, 2013 Greg Raschke Associate Director for Collections and Scholarly Communication Hilary Davis Interim Head of Collection Management and Director of Research Data Services

2. Collections Budget 2013/2014 1.Overview 2.Sources of Funds 3.Allocation by Format 4.Allocation Comparison of 2012/2013 and 2013/2014 5.Overall Allocation Trends 6.Base Continuing Budget Allocation Trends 7.ARL Collections Expenditure Ranking 8.Use of the Collection 2012/2013 University Library Committee October 28, 2013

3. Overview The FY 2013/2014 budget reflects a continuing enrollment increase addition of $200,000. This is a net increase of $200,000 from last year’s base funding of $9,821,793. In FY 2012/2013 the collections budget received substantial one-time additions throughout the year, so a side-by-side comparison of this and last year’s allocations shows a much larger difference than what is reflected in the continuing base budget. The Libraries proposes to handle this year’s decrease of one-time funds by reducing firm order allocations and utilizing endowments, leveraging previously purchased e-book packages and demand-driven strategies to supplement acquisitions. The Libraries’ book approval plans will not be reduced, insuring that all core monographic materials will be acquired. The reduced firm allocations and endowments will focus on the textbook program, requested items, demand-driven programs, and materials to support the Chancellor’s Faculty Excellence Program hires and largest Ph.D. programs. Despite the reduced spending power of the budget, the Libraries proposes to allocate a sum of $25,000 for additional journal subscriptions. These funds will focus on supporting new and expanding disciplinary programs across the university, with a particular focus on the cluster disciplines articulated in the Chancellor’s Faculty Excellence Program. The Libraries will continue with intensive data analysis and community input efforts to ensure we provide maximum value in support of teaching and research. Moving forward, sustained increases to the continuing base collections budget will be critical to manage inflationary cost increases (8% for journals and databases, and 5% for books) while sustaining resources to support growing research programs and faculty hiring. University Library Committee October 28, 2013

4. Sources of Funds University Library Committee October 28, 2013 2012/2013 State Base Budget $9,821,793 Continuing Additions to Base$355,289 Budget Reduction($155,289) 2013/2014 Collections Budget$10,021,793

5. Allocation by Format University Library Committee October 28, 2013 FY13/14FY12/13 Monographs Print Books$480,575$704,955 E-books$630,575$634,969 $1,111,150$1,339,924 Serials & Electronic Resources E-Journals$5,793,214$5,687,850 E-Resources$1,996,029$1,515,670 Print Serials$455,125$425,366 New Continuing Money$25,000$50,000 $8,269,368$7,678,886 One-Time Purchases$224,000$914,900 Bibliographic Utilities$186,000$221,000 Preservation$46,275$100,000 Document Delivery$185,000$179,000 Collection Storage$0$45,000 TOTAL ALLOCATION$10,021,793$10,478,710

6. Allocation Comparison University Library Committee October 28, 2013

7. Allocation Trends (Includes One-time funds from University) University Library Committee October 28, 2013 *includes reinvestment and/or one-time money allocated throughout FY ** includes value of one-time funds in print and electronic book plans

8. Base Continuing Budget Allocation Trends University Library Committee October 28, 2013

9. ARL Collections Expenditures Rank 1991 - 2012 University Library Committee October 28, 2013

10. Measurable Uses of the Collection 2012/2013 Full-text journal downloads*3,202,337 Database use**5,009,779 Print book circulations/renewals304,330 Digital collections requests 1,791,560 E-books1,188,158 Reserves***324,424 Total Uses 11,820,588 * Includes NC LIVE content ** Includes NC LIVE content and Summon *** Includes textbook, print, and e-reserves usage University Library Committee October 28, 2013