Library Collections Budget & Subscription Changes

The Strauss Health Sciences Library has an overall collections budget of nearly $3 million. Approximately, less than 1% is spent on one-time purchases while 99% is spent on electronic (e.g. journals, databases, etc.) annual subscriptions. In a given fiscal year (July 1 through June 30), we expect our subscription costs to rise by approximately 5-7%. 

We take the following approaches to cut collection cost:

  • Negotiate with publishers for lower annual price increase
  • Enter into a multi-year contract for a committed lower cost
  • Switch to different journal access model
  • Cost-sharing with other CU libraries
  • Cancel subscriptions

FY20 Cancellations

The Strauss Library needs to cut approximately $300,000 in FY20.

Based on pricing, usage, and feedback received from the FY20 Collections survey, we have canceled the following resources:

Collections/Databases

  • American Physical Society (APS) Journals
  • Knovel
  • VisualDx

Individual Journal Titles

  • Journal of Neurotrauma
  • Drugs

If you have any questions, comments, or concerns please contact Yumin Jiang (yumin.jiang@cuanschutz.edu) or Danielle Ostendorf (danielle.2.ostendorf@cuanschutz.edu).