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Minutes-20090511.pdf
Handle: Document-372423
Owner: Lougheed, Pat (User-147, patl:ADSFU)DS
Thursday, August 12, 2010 01:31:01 AM PDT
Thursday, August 12, 2010 01:31:09 AM PDT
Modified By: Lougheed, Pat (User-147, patl:ADSFU)DS
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  • In response to the question, L.
  • Copeland, Dean of Library Services and University Librarian, advised Senate that the Library spends approximately $3 million per year on monographs and $5 million on serials, 90% in US dollars.
  • No deficit has been carried forward from 08/09.
  • The reasons for the cut are complex: the decline in Canadian dollar from 1.09 to 1.23 (although it may improve); an actual cut of $393,000; and annual increases to serials which are usually around 6% independent of the dollar fluctuation.
  • Thus there is an estimated shortfall of $1.9 million.
  • In addition, the Library has multiyear commitments of $1.4 million meaning a 30% cut to the rest of the budget (not just ...
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Minutes-20090511.pdf
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Appears In: 0511
Preferred Version: Minutes-20090511.pdf