1993
DOI: 10.1300/j124v11n01_05
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Balancing Act for Library Materials Budgets

Abstract: An experiment with materials budgeting using a formula for allocation of funds has been undertaken by Ward Edwards Library at Central Missouri State University. Such factors as average costs of books and periodicals, number of titles available, number of faculty, and number of credit hours generated and degrees awarded are used. Reaction from teaching faculty members across campus indicates that most of the factors used in the process are understood. While they may not like the inclusion of some data, they res… Show more

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Cited by 9 publications
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“…4 The equitable distribution of funds requires the careful selection of funding determinants (variables) that correspond to the goals of the library, an understanding that some determinants should be weighted more heavily than others, and an acknowledgement that changing conditions may require the revision or refinement of the initial allocation formula. 5 The Fund Allocation Literature…”
Section: While Nearly Half Of All Academic Libraries Use Formulas To mentioning
confidence: 99%
“…4 The equitable distribution of funds requires the careful selection of funding determinants (variables) that correspond to the goals of the library, an understanding that some determinants should be weighted more heavily than others, and an acknowledgement that changing conditions may require the revision or refinement of the initial allocation formula. 5 The Fund Allocation Literature…”
Section: While Nearly Half Of All Academic Libraries Use Formulas To mentioning
confidence: 99%