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Friday, November 7 • 2:15pm - 3:00pm
A Fund Allocation Process: Employing a Use Factor

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Beginning in 2012, two librarians sought to revise the beastly allocation formula used to distribute monographic funds at East Carolina University. After investigating different methods, they decided to develop a formula that employs a use factor based on circulation statistics to distribute funds more equitably. This presentation will go over basic elements in fund allocation formulas and present specific information on the fund formula newly adopted at ECU. It will include the process being used to gather the statistics the formula relies upon, and will delineate what we’ve learned from the first year of using the formula. Special attention will be paid to our incorporation of firm order ebook data in year two. Audience engagement will come from active queries about their libraries’ use of allocation formulas, the elements they employ in their formulas and questions regarding the formula ECU is now in their second year of using.

Speakers
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Lisa Barricella

Head of Monographic Acquisitions, East Carolina University
Lisa Barricella is the Head of Monographic Acquisitions and Preservation/Conservation at East Carolina University in Greenville, North Carolina. Lisa earned her MLIS from the University of Pittsburgh, has worked in libraries since 2000 and joined ECU in 2003.
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Cindy Shirkey

Head of Collection Development, East Carolina University
Cindy Shirkey is the Collection Development Librarian for the Humanities at East Carolina University in Greenville, North Carolina.  She received her M.A. in English Literature from the University of North Carolina at Chapel Hill and her M.S.L.I.S. from the University of Illinois at Urbana-Champaign. 


Friday November 7, 2014 2:15pm - 3:00pm
Room 227, Addlestone Library 205 Calhoun Street, Charleston, SC 29205