University of South Florida: “Tampa Campus Library Forced to Cut Thousands of Journal Subscriptions Amid Budget Cuts”
Thousands of journal subscriptions will not be renewed for the 2021-22 school year to meet the requirement of cutting over $1 million in library funds, slowing the immediacy students and faculty can access them. The cuts were made as part of a university-wide budget cut of 8.5% due to the financial constraints posed by the pandemic across the state.
The library has both recurring and non-recurring expenditures, [Todd] Chavez [Dean of USF Libraries] said. Non-recurring expenditures include books and other forms of media permanently owned by the library once they are purchased. However, the 15.3% reduction has to come out of the library’s recurring budget, which includes staff and faculty salaries and subscription-based media such as academic journals.
“We’re doing everything we can to avoid laying off personnel and losing faculty,” Chavez said. “We have sacrificed some vacant positions that we had planned to hire into … we gave up a little bit of our operational expenses, and then the rest of the library cuts, 79%, are going to be against the collections budget.”
The budget for the collections is currently $5.4 million and a little over $1 million of that needs to be cut.
About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.