ACRL News Issue (B) of College & Research Libraries 274 ACRL 1980/81 Budget ACRL Summary Budgets ACRL 1979/80 1980/81 Revenue $268,929 $333,881 Expense 365,134 391,922 (96,205) (58,041) Reserve 110,912 74,952* Balance $ 14,707 $ 16,911 Choice Revenue $656,624 $708,814 Expense 677,123 698,749 (20,499) 10,065 Reserve 56,670 36,171 $ 36,171 $ 46,236 * Estimate provided by ALA Controller Figures in parentheses are negative amounts Highlights At the annual meeting in New York, the ACRL Board of Directors adopted the 1980/81 ACRL budget. Highlights of the budget include: • An increase in revenues generated by in­ house publishing (up from $1,600 to $7,100). • The addition of a revenue line for continuing education activities ($4,000) to reflect the Associa­ tion’s return on its investm ent in staffing this area. • An increase in revenues for College ir Re­ search Libraries (up from $76,772 to $97,550). Half of this increase is in the area of subscriptions and half in display advertising. • An increase in revenues for CirRL News (up from $64,183 to $78,169). Most of this increase results from increased staff efforts in classified advertising, including late job listings. • The allocation of $6,099 to ACRL chapter support. • The approval of budgets for three perconfer- ences at the San Francisco 1981 ALA meeting. These preconferences will be sponsored by BIS, CJCLS, and RBMS. • The approval of the budget for a continuing education course on working with archives to be held in advance of the 1981 San Francisco confer­ ence and the 1981 ACRL National Conference in Minneapolis. • The addition of a part-time program officer for bibliographic instruction and support for that position, if the ACRL balance at August 31, 1980, is greater than $90,000. • The addition of a half-time editorial assistant for the editor of College & Research Libraries. • The implementation of an ACRL JOBLINE for listing academic library positions. beginning Septem ber 1, 1980. (The telephone number of the JOBLINE is (312) 944-6795). Income and Expenditures The pie chart below shows th e major pro­ jected sources of revenue and expenditures for ACRL, excluding Choice, in 1980/81. A compilation indicating where ACRL funds (including staff time) are specifically derived from and expended is shown on the next page. Com­ parisons with the previous year are also shown. This compilation reflects ACRLs move toward program budgeting. It is expected that the next year’s budget will be further refined so that pre­ conferences will be shown as section activities ra th e r than being in clu d ed w ith continuing education activities. The increases in income for C&RL News have been projected conservatively since a number of changes will be made during 1980/81. A new edi- 275 tor is joining the staff, the contract for the pro­ duction of the News has been terminated with the ALA Central Production Unit and production responsibilities have been assumed by the Editor, a late job listing section has been added as a re­ sult of the greater control over scheduling, and an increased promotional effort is being made in display advertising and subscription sales. Results of these changes are already being seen as we move toward the end of the current fiscal year. It can be seen that the proportion of the total revenues derived from m em bership dues is shrinking yearly (36.4 percent in 1980/81 com­ pared with 43.2 percent in 1979/80). Inflation has increased expenditures, while the ACRL dues rate has remained constant for the past six years. Additional sources of revenue must therefore be created. Ultimately a dues increase is inevitable. The ALA Council took action in June to de­ crease student divisional membership dues from $15 to $5. This proposed decrease will have an unbudgeted impact on ACRL’s membership in­ come of slightly over $3,000 if it is passed by the ALA membership. The Budget and Finance Committee has been charged to look at the long-term financial needs of ACRL and to make recommendations to the ACRL Board of Directors. ■■ INCOME % of % of Activity 1979/80 1980/81 Difference 1979/80 1980/81 Differenc‹ Membership $116,049 $121,445 $ 5,396 43.2 36.4 (6.8) C&RL 69,492 88,814 19,322 25.8 26.6 .8 C&RL News 27,000 37,448 10,488 10.0 11.2 1.2 CE Activities 35,288 39,585 4,297 13.1 11.9 (1.2) Alloc, from Minn. 15,000 33,143 18,143 5.6 9.9 4.3 Published Materials 1,600 7,100 5,500 .6 2.1 1.5 Alloc, from Choice 3,400 5,246 1,846 1.3 1.6 .3 Contributions & Gifts 1,100 1,100 — 0.4 0.3 (0.1) TOTAL $268,929 $333,881 $ 64,992 EXPENDITURES % nf % of Activity 1979/80 1980/81 Difference 1979/80 1980/81 Difference C&RL News $ 88,561 $102,309 $ 13,748 24.2 26.1 1.9 CE Activities 64,088 85,473 21,385 17.8 21.8 4.0 C&RL 74,163 85,441 11,278 20.3 21.8 1.5 Minneapolis Conf. 15,000 33,143 18,143 4.1 8.5 4.4 Chapters 16,655 15,905 (750) 4.6 4.1 (0.5) Membership Promo. 21,823 13,680 (8,143) 6.0 3.5 (2.5) Committees 15,924 12,486 (3,438) 4.4 3.2 (1.2) Sections 13,211 10,013 (3,198) 3.6 2.6 (1.0) Advisory 6,853 7,126 273 1.9 1.8 (0.1) Orders 5,982 6,002 20 1.6 1.5 (0.1) *Choice 2,108 4,217 2,109 0.6 1.1 0.5 Fast Job Listing Serv. 3,665 4,039 374 1.0 1.0 0 Univ. Lib. Stat. 9,724 3,639 (6,085) 2.7 0.9 (1-8) 3rd Nat’l. Conf. 2,674 2,388 (286) 0.7 0.6 (0.1) ACRL 100 Project 1,414 1,786 372 0.4 0.5 0.1 Outside Publishing 316 1,636 1,320 0.1 0.4 0.3 SCMAI 1,316 1,236 (80) 0.4 0.3 (0.1) ARL/OMS/ALP 954 915 (39) 0.3 0.2 (0.1) Discussion Groups 421 428 7 0.1 0.1 0 NPC 77 60 (17) 0.0 0.0 0 Accreditation Wkshop 12,170 0 (12,170) 3.3 0 (3.3) White House Conf. 5,075 0 (5,075) 1.4 0 (1.4) Equipment 1,808 N/Appl. — 0.5 N/Appl. Internship Project 1,152 0 (1,152) 0.3 (0.3) (0.3) TOTAL $365,134 $391,922 *This reflects the amount of unreimbursed ACRL staff costs spent on Choice and absorbed by the ACRL 303 budget. A n essential reference book for those who need to keep abreast o f electrotechnology. 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