The MSU Libraries has ended a year-long pilot program with streaming media service Kanopy. While several factors contributed to this decision, the most pressing issue is that current budget constraints make an ongoing commitment with Kanopy unsustainable at this time. Some titles will still be available until the license expires; please see the full list for details.
For the FY20 operating budget, which is in the process of being finalized, the MSU Libraries is facing a shortfall of up to $330,000, depending on several variables. This is approximately 5% of our annual operating budget of $6.5 million. Multiple causes have contributed to this budget shortfall, including: Serials and E-Resource Inflation: Annual fees to provide access to the many e-journals and e-resources subscribed to by the MSU Libraries have been rising between 5 and 6 percent for many…
Rising costs in several key areas of operations for the MSU Libraries are putting significant strain on the current FY19 operating budget. Costs for OCLC services, MOBIUS membership and services, and MSU Networking and Telecommunications services all have risen. The biggest challenge, however, is posed by the rising costs for electronic content, including e-journals and online databases. Annual subscriptions to these types of e-resources now consume nearly all of the Libraries’ information materials budget of $2.26 million. When the annual…
Last Thursday, April 27th, the MSU Executive Budget Committee voted to reduce the Internet course incentive paid to instructors from $55 to $40 per student per 3-credit online course. This decision slightly reduced the dollar goal for the MSU Libraries during this budget cutting process to $75,958, a reduction of 1.2% to our overall annual operating budget for FY17 of approx. $6.5 million. Clif’s Notes for May 2nd provides a summary of the overall MSU plan to reduce its operating…
Discussions continue this week about ways to permanently reduce our annual operating budget by approximately $425,000, which is the combined total of our need to plan for up to a 5% permanent reduction ($325,000) in our budget in response to declining state support, and the projected serials inflation hole for FY18 of approximately $100,000. Following this week’s meetings, culminating in a Library Budget Committee on Friday morning (beginning at 9:00 a.m. in the Library Conference Room — everyone is welcome),…