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Cancellations and Withdrawals

This guide outlines Gleeson Library's necessary cancellation and withdrawal projects.

Library Budget

The library’s acquisitions budget has been negatively impacted for the last 4 fiscal years and this trend is likely to continue for the foreseeable future. This chart illustrates the erosion of our base materials budget since FY2016. While we have regained some funding, we are still below FY16 levels:

library base materials budget and reductions graph

  • FY16 total library budget giveback $79,000 - all $79,000 was taken from materials budget (equal to 3% cut)
  • FY17 total library budget giveback $200,000 - $171,000 was taken from materials budget (6.5% cut)
  • FY18 total library budget giveback $204,000 - $151,551 was taken from materials budget (6.3% cut)
  • FY19 total library budget giveback $326,000 - covered entirely through librarian attrition/layoffs

 

Impact of cuts

The gap between our FY18 base acquisitions budget and our subscription costs was $65,000. To address this gap, the library cancelled approximately 5% of our journal subscriptions for 2019. Additionally, all book purchases and a number of subscriptions are now paid from restricted endowment funds. The risk is that restricted distributions are market dependent, meaning that if there is an economic downturn we will get zero allocation that year, resulting in further cancellations and reduced monographic purchasing.