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Collections Team:Ellen Bosman (Chair), John Sandstrom,
Mariaelena de la Rosa, Kate Terpis
New Mexico State University NMSU Library: BE BOLD. Shape the Future
NMSU Library Presentation FSLAC April 2019
Our Mission
New Mexico State University Library is committed to providing a rich learning environment where resources and diverse populations come together to engage in scholarship and create knowledge.
NMSU Library: BE BOLD. Shape the Future
lib.nmsu.edu
Reality-Budget
$0
$750,000
$1,500,000
$2,250,000
FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 Proj.
Trends in Funding Sources Impacting the Library's Materials Budget
I&G IDC Student Fee GO Bonds Central One-Time funds Carry Forward Total Alternative Funding
Reality-Loss of Buying Power
URL: http://nmsu.libguides.com/c.php?g=206139&p=6397732
Offsetting inflation costs triggers cancellations.
NMSU Library: BE BOLD. Shape the Future
lib.nmsu.edu
NMSU Library: BE BOLD. Shape the Future
lib.nmsu.edu
AnnouncementFY2019 library materials cancellations process begins Inflation rates for serials and databases are forecast to be six percent for FY2019. This percentage
estimate is based on inflation forecasts from the library's major library vendors. The New Mexico State
University Library's Instruction & General base budget has continued to be flat for the past 20 years.
Therefore, the loss of buying power results in serials and database cancellations on an annual basis.
Historically, the NMSU Library has established alternative revenue streams sources to support the
materials budget. However, the rates of inflation have remained greater than all revenue sources
combined (I&G and alternative revenues).
Alternative revenue sources used to support the Library's material budget include the following:
• Biennial GO Bond funding for New Mexico academic libraries
• 2.5 percent of IDC (research overhead)
• Student fee allocated by the Library Student Advocacy and Advisory Council (LSAAC)
• Private donations
For your information, a spreadsheet of serial titles under consideration for cancellation is available in
FY19 and the review process used at https://nmsu.libguides.com/cancellations.
Your feedback and questions are appreciated. Please respond by Dec. 11 to the NMSU Library
Collections Team at [email protected].
Hotline announcement, November 12, 2018
Note: Another Hotline announcement was sent out January 18, 2019
NMSU Library: BE BOLD. Shape the Future
lib.nmsu.edu
Request for Feedback was extended until February 1, 2019.
With the two calls for feedback, the Collections Team received only 6 responses.
Reminder:
NMSU Library: BE BOLD. Shape the Future
lib.nmsu.edu
Criteria
For FY 19/20, the following criteria is applied:
three-year average use is 5 uses or less, or, the three-year average Cost Per Use (CPU) is $30 or more, or the embargo period for electronic journals is more than 18
months
If any of these criteria are met the title is flagged for additional review.
NMSU Library: BE BOLD. Shape the Future
lib.nmsu.edu
Materials Budget
70%
25%
5%
FY19 Library Materials Budget-Expenditures by Type of Material
Journals Databases
Books, etc.
NMSU Library: BE BOLD. Shape the Future
lib.nmsu.edu
STEMH Intensive
62.1%
37.9%
FY 19 Journals Budget-% Spent by Disciplines (STEM vs. OTHER)
1
2
STEMH
Other Disciplines
Source: Bosch, S., & Albee, B., & Henderson, K. (2018). “Death by 1,000 Cuts: Periodicals Price Survey 2018.” Library Journal.Available from http://lj.libraryjournal.com/.
Periodicals Price Survey 2018:
NMSU Library: BE BOLD. Shape the Future
lib.nmsu.edu
NMSU Library List of Top 10 Most Expensive Journals Title Publisher Subject FY18 Cost
Tetrahedron Letters Elsevier ScienceDirect CHEMS $ 19,888
Communication Research SAGE COMS $ 15,415
Nature Nature PHYS $ 15,196
Biochemical and Biophysical
Research Communications
Elsevier ScienceDirect CHEMS $ 13,329
Chemical Physics Letters Elsevier ScienceDirect CHEMS $ 13,271
Polyhedron Elsevier ScienceDirect CHEMS $ 12,847
Journal of Hydrology Elsevier ScienceDirect GEOGS $ 12,009
Journal of Membrane Science Elsevier ScienceDirect ENGS $ 11,906
Journal of Mathematical Analysis
and Applications
Elsevier ScienceDirect MATHS $ 11,781
Food chemistry Elsevier ScienceDirect AHES $ 11,694
Note-Prices Rounded
Interlibrary Loan / Document Delivery
70%
25%
4%
All Users by Percentage
Students Faculty Staff
RAPID ILL BORROWING SUMMARY
YEAR
TOTAL
REQUESTS
TOTAL
FILLED
% FILLED
NMSU
% FILLED
SYSTEM
AVG TAT
NMSU*
AVG TAT
SYSTEM*
2017 8,950 8,796 98% 95% 11.5 hrs. 12.5 hrs.
2018 8,721 8,599 99% 95% 10.5 hrs. 12.5 hrs.
Meeting Content Needs
Note: TAT is Turnaround Time* in hours
New Mexico State University NMSU Library: BE BOLD. Shape the Future
Q & A