$ 46,879,748 881 53,679,902 + 123 + $ 6,800,154 9.425.795 14,560,785 5,134,990 + 792 $47.676.991 758 $56,305,543 881 $68,240,687 +123+ $11.935.144 Page 18 2. LIBRARY SERVICES A. Purchase of Library Materials LIBRARY OF CONGRESS SALARIES AND EXPENSES General Statement The Purchase of Library Materials program provides for the acquisition of necessary research materials for the Library's 88llections: The The Purchase of Library Materials program will require $10,854,380 in fiscal 2001 to sustain purchasing power at fiscal 2000 levels. This represents a price level increase of $333,000 over fiscal 2000. Page 21 Fiscal 1999 Actual Fiscal 2000 Budget Fiscal 2001 Estimate FTE Amount FTE Amount The Library is requesting an increase of $333,000 to maintain the purchasing power for books, serials and newspapers (particularly those published abroad), machine-readable works, special retrospective items, and other Library materials not available through copyright or other non-purchase methods. Recognizing that inflation and foreign currency rates can fluctuate unpredictably and that the Library must respond to evolving trends in publishing, the Library calculated the average price paid for library materials during the previous nineteen years, and used this analysis to project the funding levels needed to maintain the current purchasing power in fiscal 2001. Based on this projection, the Library requests an increase of $333,000 for fiscal 2001. This amount includes price level increases for fiscal 2001 of $282,000 for materials for the general collections(GENPAC), and $51,000 for legal materials. As reflected in the following charts, the historical price per piece, for various categories of library material, varies over time and by subject. For example, the Library projects that in fiscal 2001, each issue of a law serial will cost $16.41, while each issue of a serial for the general collections will cost $7.31. These combined projections result in an increase over fiscal 2000 of 3.67 percent for LAW and 3.16 percent for GENPAC. The projected inflation for the total book budget is 3.23 percent. Page 22 |