Abstract
Rising costs for library materials and shrinking budgets make it more necessary than ever for academic libraries to target their scarce resources to meet the specific needs of academic programs. The authors surveyed other institutions to determine current practices in the allocation of library materials funds in different formats. The results of our survey were inconclusive, which led us to combine monographs and continuations in a single allocation formula. By crafting an allocation formula for both monographs and continuations in print and electronic format, the Cunningham Memorial Library at Indiana State University hopes to satisfy the growing demand for information services.
Keywords
allocation formula, library budgets, library funds for academic disciplines
Date of this Version
12-26-2012
DOI
10.1080/01462679.2012.730495
Recommended Citation
Stachokas, George and Gritten, Tim, "Adapting to Scarcity: Developing an Integrated Allocation Formula" (2012). Libraries Faculty and Staff Scholarship and Research. Paper 45.
http://dx.doi.org/10.1080/01462679.2012.730495
Comments
This is an Author's Accepted Manuscript of an Article published in Collection Management, December 26, 2012, available online at: http://www.tandfonline.com/10.1080/01462679.2012.730495/.