From 2005 to 2010, the median increase in funding for digital and print collections for the top 10 research libraries in the U.S. was 35.6 percent. At Cornell, however, funding for these expenditures increased by only 1.7 percent, according to a report by Cornell’s University Faculty Library Board.
At a Faculty Senate meeting Wednesday, some faculty members expressed concern over this discrepancy and worried that the Cornell library’s collections are falling behind those of peer institutions.
The University’s library materials budget for 2010 was more than $7 million below the median expenditure of top 10 research libraries in North America, according to the UFLB report.
Read the Complete Report
See Also: Library Expenditures as % of University Expenditures Continue to Fall; Canadian Data Now Included (February 13, 2012)
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