Library Acquisitions
 Adjustments for Fiscal Year 2003

Dean's update: Excerpt from October 31st Letter to Faculty:

On April 23, 2002 I wrote to you asking for your help in assigning a usefulness rating to each of Fogler Library's journal titles. We very much appreciate the time and care you took to inform us of your information needs. As noted in my April 23^rd letter, the reason for revisiting this process was and continues to be high inflation costs coupled with several years of flat funding. FY 2002 cancellations totaled $220,500 but unfortunately were insufficient to meet budget requirements which mandated that $615,000 of journals be cancelled. I am writing to you now to give you an update on the second round of cancellations.

Faculty rankings of all journals, along with the letters you have written to me and my staff outlining the research and teaching importance of many of those journals have been shared and discussed with campus administration. No financial help has been forthcoming. Since cancellation of all journals rated "3" were insufficient to meet the need, it has become necessary to cancel journals that you have ranked "1" and "2". It is with regret the library staff has cancelled a significant number of the titles. Journals cut this October will cease to be received January 1, 2003. Please also remember that journals cut last semester will cease to be received as of December 31, 2002.

The total number of journals cut since FY 2000 is 878, for a total of $483,000. Even with these further cancellations the library remains short of its budgetary requirements. Continued lack of inflation money along with lack of financial help will cause yearly cancellations, further eroding the information available for teaching and research. In FY98 the library subscribed to 5,400 journals. In FY03 our subscriptions total 4,322.