Percentage based allocation of an academic library materials budget
Abstract
Purpose
The purpose of this article is to describe the process of determining a fund allocation process that would further collection development goals by reflecting the university curriculum and support towards different programs.
Design/methodology/approach
The paper is based on a library's experience in using a Percentage Based Allocation formula.
Findings
The author describes the process and steps that led to the decision to use a Percentage Based Allocation formula, and the results of its implementation.
Practical implications
An allocation process that is tied into other collection development activities (a collection development policy; vendor slip plan profiles) strengthens the collecting goals of a library as a whole.
Originality/value
This article provides a model that other libraries can use as a template for developing their own budget allocation processes.
Keywords
Citation
Smith, D.A. (2008), "Percentage based allocation of an academic library materials budget", Collection Building, Vol. 27 No. 1, pp. 30-34. https://doi.org/10.1108/01604950810846224
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited