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How are NC libraries’ business partners affected by our budget constraints?

How are NC libraries’ business partners affected by our budget constraints?. Budget Constraints Affect Both Sides of the Gap. “Costs go on whether or not the bindery is full of work or only partially operating.” Dudley A. Weiss,Executive Director – Library Binding Institute 1952 -1982.

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How are NC libraries’ business partners affected by our budget constraints?

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  1. How areNC libraries’ business partnersaffected by our budget constraints?

  2. Budget Constraints Affect Both Sides of the Gap “Costs go on whether or not the bindery is full of work or only partially operating.” Dudley A. Weiss,Executive Director – Library Binding Institute 1952 -1982 In the Bindery… Ongoing manpower costs Ongoing operating costs Capital expenditures, R & D In the Library… Reduction of manpower Fewer volumes bound Compromised collection maintenance

  3. We contribute to the overall economy of the states in which we have operations.

  4. Improve products and services while holding costs. • New products and services

  5. What can we do to close the gap?

  6. State of the Market • Nationwide Funding Trends • Little to no budget increases • Painful situation everywhere • Texas • Oklahoma North Carolina Serials Conference

  7. Government Funding • Library Services & Technology Act (LSTA) Funding • Support ALA’s effort to get a new version passed that will increase funding levels for libraries • Management meeting with Government leaders to discuss state of the industry • March 6, 2003 - Voted on and overwhelmingly passed in the House • Must continue building support and momentum to get bill to the Senate floor

  8. That’s fine, but what about me? • Renewal Business Pricing • Flat to minimal increases over the last two years for most ProQuest products • Handled on a case by case basis • New Business Pricing • Flat to minimal increases for new products over the past two years • Some product prices reduced and more content added • One-Time Purchase Options • Easier to come up with than subscription monies • Utilize gift funds • Products – EEBO, APS, Ethnic NewsWatch: A History, PQ Historical Newspapers, Acta Sanctorum • Spread the one-time purchase out over three years interest free

  9. Conclusion How do we ease the pain? • Push for Funding • Must be flexible in pricing; Renewal, New Product, One-Time • Listen to our customers and work within the budgetary limits • Continue to assist the library in moving forward

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