MSU Libraries Addressing Budgetary and Fiscal Challenges
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…