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Library Collection Budget Assessment

Details on Arthur Lakes Library collection budget.

Why Do We Have To Cut Journals?

The average annual rate of inflation on our subscriptions for the past decade has been about 7.5%.  Because over 90% of the collections budget goes to serials and other ongoing costs, this means that our purchasing power declines every year. 

During the past few years the Library has been able to take advantage of more favorable pricing for some serials content through the Colorado Alliance of Research Libraries.  Additionally we utilize grant funds when available.

Now, however, we have maximized our ability to cover ongoing serials inflation with our existing budget.  Therefore, we will have to cut some serials during the 2017/18 fiscal year.


Among the Association of Research Libraries (ARL) member libraries in the period 1986-2003, the price per journal subscription rose by 215%, while the Consumer Price Index rose by only 68% during the same period.

Price Inflation Chart for Books and Journals 2007 to 2013

Image Credit: “Budget Challenges,” UC Santa Barbara Library (, accessed 4/18/2017).


FY 18 Cancellation Project


  • FY 2016-17 current Library materials budget is $1,702,875
  • Projections for FY 2017-18 inflation of serials are 6%
  • The Library requested a 7% inflation factor for FY 2017-18
  • Budget Office is recommending to Budget Committee to increase the library materials budget by 4% for FY 2017-18
  • Resulting in a $1,770,990 total for FY18


The Library will need to cancel at least $34,000 in existing subscriptions to cover its loss of buying power.

Below is a downloadable spreadsheet listing possible serials titles to cancel.

Requesting Items Through ILL

If an item you need for your research is not available in our collection, we can get it for you! 

Just request it though Interlibrary Loan.

Off Campus? Access Is Easy!

Arthur Lakes Library

Start from the Library Website, just find what you want and log in with your Mines Multipass when prompted. Learn more on our off campus access guide.