Seven Association of Research Libraries member libraries are facing major planned or potential budget cuts. These examples suggest that significant budget cuts may be widespread in ARL libraries.
The Cornell University Library will have to cut around about $944,000 from the fiscal year 2010 materials budget.
"A reduction in the materials budget is in keeping with reductions across the university," said John Saylor, associate university librarian for scholarly resources and special collections. "It's unfortunate but unavoidable. The library is committed to maintaining and building a collection that ensures our lasting position among the top research libraries."
The Emory University Libraries have "already cut $200,000 from the current (2008/2009) collections budget" and more cuts are planned in FY 2010:
Fiscal Year 2010 will bring additional collection cuts as the library struggles to adjust a reduced budget to inflationary pressures which can range from five to ten percent. Chuck Spornick, Head of Collection Management for the General Libraries, estimates that almost $637,000 will need to be trimmed from the 2010 collections budget.
The MIT Libraries are faced with a $1.4 million budget cut this summer:
"As part of the Institute-wide mandate to reduce General Institute Budget expenditures in the 2010 fiscal year, the MIT Libraries are required to reduce their budget by 6%, or $1.4M by July 1, 2009. Further budget reductions are anticipated for FY2011 and FY2012."
The UCLA Libraries are facing a cut of over $400,00 this year alone:
Last Friday I received a memorandum from Executive Vice-Chancellor and Provost Scott Waugh detailing this request. I am meeting with campus administration today to further explore the implications for the UCLA Library. In the detail attached to EVC Waugh’s memorandum the library is slated for a $438,623 mid-year reduction for 2008-09 and the five percent reduction for 2009-10 of $1,830,201.
The University of Tennessee Libraries sent a February 16th memo to deans, department heads, and library representatives saying that they were "facing a potential 8% base budget cut. This cut represents reductions totaling $1,343,299 from the library’s operations, personnel, and collections budget."
The University of Washington Libraries have submitted a business plan to the Provost and Executive Vice President that reflects "levels of reduction in central support of 8%, 10%, and 12%." In dollar terms, these reductions are $2,457,962, $3,072,452, and $$3,686,943 respectively.
The Yale University Library is cutting its collection budget for the first time due to budget shortfalls:
This is the first time that the general University collections budget will be cut for economic reasons. Four or five years ago the Library's General Appropriation (GA) was reduced by 5%, but this reduction was not applied to the collections budgets. (On a couple of occasions in the last decade, the YUL general collections were reduced by $500,000 each, as part of a buying-power reconciliation.) This time will be different. As a result of the University's 25% endowment decrease, the following reductions will take effect: (1) the collections GA budgets will be cut by 5%, a decrease of around $300,000; and (2) the collections endowment budgets will see a 6.75% reduction, approximately $900,000. These reductions will take effect as of 1 July 2009 and may be repeated in future year(s).
In "Predictions for 2009," Peter Suber discusses the potential impact of the global recession on journal publishing, libraries, and open access (see "The Worldwide Financial Crisis and Recession Will Have Mixed Consequences for OA, but Will Yield More Gains Than Losses" section).