Library Budget Reports - 2017 Library Spending Plans
Libraries: At the Epicenter of the Digital Disruption - Academic Libraries Edition
  

This is the definitive guide to academic library spending and spending priorities for 2013-2014. Data is reported on by size of the institutions’ full-time enrollment: fewer than 2,500; 2,500-5,000; 5,000-10,000; 10,000-plus. More than 311 academic libraries report their total budgets by category, as well as past budget experience and forecast budgets for 2013-2014. 

Categories of spending are broken down by library size and include all major expenditures: staff, IT, print and electronic collections, operations, and more. An indispensible and brand-new resource for strategic planning and budget proposals and presentations, all information is supported by an extensive explanatory narrative by Unisphere Research analyst Joseph McKendrick.

Key findings In the “Libraries: and the Epicenter of the Digital Disruption, Academic Libraries Edition” include:

  • Overall, academic library budgets have perked up after several years of a lackluster economy. Budget growth overall has been lukewarm. Two-fifths of academic library budgets go to digital resources, a level reached about a year ago.
  • Three-fourths of academic libraries continue to see rising demand for electronic resources, while demand for print withers.
  • Seven out of 10 academic libraries say they are seeing demand for ebooks. Discovery services lead the way in purchasing intentions.

Increasing the availability of and access to digital resources for students and faculty continues to be academic libraries’ top priority, as they redefine their roles as digital knowledge centers. However, these goals continue to clash with tight budgets, which makes selecting and maintaining platforms and skills an ongoing challenge.

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