Collections Budget Update - August 2023
The Library is committed to keeping our campus community and colleagues updated on changes to the collections budget. There is no permanent reduction to base budget funding for fiscal year 2023-24, therefore the current collections budget remains $20.6M CAD. This budget had been reduced by almost $4.5M over the past three years as a result of post-secondary funding changes instituted by the provincial government.
While large-scale cancellation efforts will not be necessary, selective cancellations will continue based on data and consultation as per normal practice. Adjustments to our subscriptions may be necessary based on increasing inflation rates and fluctuations in the exchange rate.
We continue to abide by our e-preferred collections guidelines for the acquisition of books.
The library publishes detailed collection expenditure reports each year within the UAL Data Collection in Borealis.
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