A Report on the Feasibility of Textbook Rental - IBHE

More documents

Recommendations

Info

APPENDIX DEstimated Start-Up Cost – Community CollegesEstimated Start-Up CostsCommunity CollegesCity Danville William Illinois Lincoln MoraineBlack Colleges Area Rainey Higland Valley Kankakee Land John A. McHenry Valley Rock Southeastern Southwestern SpoonHawk of Community Harper Community Community Community Kaskaskia Community Logan County Commuity Valley Illinois Illinois RiverCollege Chicago College College College College College College College College College College College College College CollegeAdvertising/Marketing $ - $ - $ 2,000 $ 7,000 $ 1,000 $ 2,500 $ 5,000 $ 2,000 $ - $ - $ 2,000 $ 8,500 $ - $ 1,000 $ 10,000 $ 5,000Commissions/Contract/Lease Loss 15,000 1,400,000 - 24,000 - 63,000 - 2,500 - - - - 300,000 40,000 460,000 -Computer System/Software - 280,000 10,000 - 10,000 5,000 10,000 20,000 18,160 2,880 12,000 40,000 - 30,000 150,000 60,000Contingency - - - 200,000 50,000 20,000 - - - - - - 150,000 10,000 - -Credit Card Fees - 105,000 - 38,000 5,000 - - 2,000 - - - - 21,000 5,000 500 8,000Education & Orientation - - - 1,000 2,000 5,000 - 500 - - - - - 5,000 10,000 2,500Employee Benefits - 759,500 - 4,300 1,000 500 - - 3,573 - - - 38,644 - 11,365 8,700Equipment - 350,000 - 12,000 50,000 5,000 1,500 3,000 15,610 2,455 3,000 65,000 73,000 10,000 2,500 5,000Fixtures - - 2,000 - 25,000 10,000 - 25,000 30,422 675 - 17,000 20,000 10,000 15,000 25,000General Administration - 70,000 - 10,000 - 10,000 - 2,000 - - - - 50,000 40,000 2,000 5,000Health Insurance - - - 94,300 24,000 15,000 - 2,600 30,200 - - 18,720 - 6,000 44,100 8,700Inventory 2,000,000 17,500,000 1,000,000 2,000,000 260,000 2,000,000 425,000 900,000 2,724,000 1,800,000 1,500,000 3,200,000 1,000,000 1,500,000 4,500,000 800,000Operation - - - 6,200 - 2,000 - 8,333 - - - - - - 12,000 200,000Other (Itemized) - - - - - - - - 682,176 - - - 150,000 100,000 - -Personnel (Full-Time) - 2,170,000 - 520,000 55,000 25,000 - 2,916 195,000 111,690 - 70,000 110,412 25,000 203,000 42,000Personnel (Part-Time) - - 5,000 155,000 25,000 10,000 - 5,833 40,386 - 20,000 - 95,000 16,000 119,625 20,000Printing - - - 8,000 3,000 4,000 500 1,500 - - 500 - - 500 1,000 1,000Project Supervision - - - 20,000 10,000 10,000 - - - - - - - - 25,000 -Space - 84,000 - - 50,000 20,000 - 75,000 200,000 - - 200,000 - - 135,000 50,000Supplies - 35,000 - 14,000 10,000 3,000 2,000 2,500 4,500 - - - - 1,500 10,000 500System Design, Testing/Implementation - 350,000 - 20,850 50,000 15,000 10,000 18800* - - - 8,000 - - 100,000 -* Includes maintenance$ 2,015,000 $ 23,103,500 $ 1,019,000 $ 3,134,650 $ 631,000 $ 2,225,000 $ 454,000 $ 1,074,482 $ 3,944,027 $ 1,917,700 $ 1,537,500 $ 3,627,220 $ 2,008,056 $ 1,800,000 $ 5,811,090 $ 1,241,400-60-
Estimated Annual Cost – Community CollegesEstimated Annual CostsCommunity CollegesCity Danville William Illinois Lincoln MoraineBlack Colleges Area Rainey Highland Valley Kankakee Land John A. McHenry Valley Southeastern Southwestern SpoonHawk of Community Harper Community Community Community Kaskaskia Community Logan County Community Illinois Illinois RiverCollege Chicago College College College College College College College College College College College College CollegeAdvertising/Marketing $ - $ - $ 1,000 $ 5,800 $ - $ 1,000 $ - $ 4,000 $ - $ - $ 2,000 $ 6,000 $ 2,000 $ 2,000 $ 2,500Commissions/Contract/Lease Loss 15,000 1,400,000 --- 21,000 -5,000- - - - 40,000460,000-Computer System/Software - 21,000 - - 2,000 2,500 1,000 - 14,160 - - 2,000 50,000 15,000 3,000Contingency - - - 65,000 50,000 10,000 - - - - - - 10,000 - -Credit Card Fees - 105,000 - 38,000 5,000 - - 8,000 - 7,462 - - 10,000 16,000 8,000Education & Orientation - - - 1,000 1,000 2,500 - 500 - - - - 7,000 2,500 2,500Employee Benefits - 797,475 20,000 4,300 1,000 500 5,000 - 3,573 - - - - 11,365 8,700Equipment - 350,000 - 8,000 2,000 2,500 - 3,000 16,032 - 1,000 4,500 15,000 750 2,000General Administration - 73,500 - 10,000 - 5,000 - 2,000 - - - - 40,000 10,000 5,000Health Insurance - - - 94,300 24,000 15,000 - 30,000 30,200 - - 18,720 6,000 44,100 8,700Inventory - 7,000,000 350,000 650,000 26,000 20,000 425,000 500,000 2,270,000 600,000 2,000,000 1,300,000 2,500,000 750,000 200,000Operation - - - 6,200 - 1,000 - 100,000 - - - - - 12,000 200,000Other (Itemized) - - - - - - - - 682,176 398,337 - - 125,000 - -Personnel (Full-Time) - 2,256,800 65,000 476,000 55,000 25,000 25,000 35,000 195,000 111,690* - 70,000 25,000 203,000 42,000Personnel (Part-Time) - - 35,000 135,000 12,000 10,000 - 70,000 40,386 - 20,000 - 18,000 119,625 20,000Printing - - 500 6,000 2,500 3,000 - 3,000 - - - - 1,200 - 500Project Supervision - - - - 2,000 10,000 - - - - - - - - -Space - 88,200 - - 1,000 5,000 - - - - - - - 5,000 -Supplies - 36,400 2,000 12,000 1,000 2,000 1,000 5,000 4,500 1,133 - - 2,000 1,000 500System Maintenance - 14,000 4,000 10,850 5,000 5,000 - 8,800 - - - 3,000 - 2,000 -Total $ 15,000 $ 12,142,375 $ 477,500 $ 1,522,450 $ 189,500 $ 141,000 $ 457,000 $ 774,300 $ 3,256,027 $ 1,118,622 $ 2,023,000 $ 1,404,220 $ 2,851,200 $ 1,654,340 $ 503,400* Includes salary and benefits.-61-
Page 1 and 2:
A Report on the Fe
Page 3 and 4:
EXECUTIVE SUMMARY .................
Page 5 and 6:
Estimated Textbook Rental Cost Per
Page 7 and 8:
EXECUTIVE SUMMARYGrowing apprehensi
Page 9 and 10: • Faculty members, administrators
Page 11 and 12: ConclusionTextbook rental programs
Page 13 and 14: INTRODUCTIONAcross the nation, the
Page 15 and 16: increase in tuition and fees (7 per
Page 17 and 18: Source: Government Accountability O
Page 19 and 20: The IBHE’s 2006 survey found that
Page 21 and 22: ookstores, 17 percent to friends/re
Page 23 and 24: 1. provide the option of purchasing
Page 25 and 26: Student fees are collected:• as p
Page 27 and 28: CURRENT ILLINOIS TEXTBOOK RENTAL PR
Page 29 and 30: MethodologyCOSTS AND FEASIBILITY OF
Page 31 and 32: Submitted cost data are presented b
Page 33 and 34: PUBLIC UNIVERSITIES - TEXTBOOK RENT
Page 35 and 36: Under a textbook rental program, ea
Page 37 and 38: FundingSR 692 directs the IBHE and
Page 39 and 40: have a separate series so that if a
Page 41 and 42: Impact on Tax Revenue.Property Tax.
Page 43 and 44: Textbook Selection. While acknowled
Page 45 and 46: According to the Student Monitor, i
Page 47 and 48: of the exact custom book. This alte
Page 49 and 50: Current Status of Voluntary Faculty
Page 51 and 52: APPENDICES-51-
Page 53 and 54: 09400SR0692 Enrolled - 2 - LRB094 2
Page 55 and 56: APPENDIX BTextbook Study Timeline -
Page 57 and 58: Funding:1. Please provide an itemiz
Page 59: Textbook Survey - Third Party Books
Page 63 and 64: Estimated Annual Costs - Public Uni
Page 65 and 66: Estimated Textbook Rental Cost Per
Page 67 and 68: Kentucky. House Resolution 9 would
Page 69 and 70: Washington. House Bill 3034 would p
Page 71 and 72: materials to bookstores at wholesal
Page 73 and 74: ook wholesalers, stands this issue
Page 75 and 76: items sold in a package and 2) facu
Page 77 and 78: different printed text, an e-book o
Page 79 and 80: • Page 20, #5 - Education of stud
Page 81 and 82: -81-
Page 83 and 84: -83-
Page 85 and 86: -85-
Page 87 and 88: -87-
Page 89 and 90: -89-
Page 91 and 92: -91-
Page 93 and 94: -93-
Page 95 and 96: -95-
Page 97 and 98: -97-
Page 99 and 100: -99-
Page 101 and 102: -101-
Page 103 and 104: Attn: Nicole Krneta Rogers-103-
Page 105 and 106: Spring 2007: ISBN 0-618-75386-9 Rai
Page 107 and 108: -107-
Page 109 and 110: universities and the largest univer
Page 111 and 112:
separately and be stuck with any co
Page 113 and 114:
From: Wilcockson, Mark [mailto:M-Wi
Page 115 and 116:
supports informed decision making.
Page 117 and 118:
-117-
Page 119 and 120:
From: Brad O'Brien [mailto:bobrien@
Page 121 and 122:
more used books benefits both the b
Page 123 and 124:
From: Devi Prasad V.Potluri [mailto
Page 125 and 126:
Comments submitted on IBHE website:
Page 127 and 128:
REFERENCE LISTAssociation of Americ
show all

A Report on the Feasibility of Textbook Rental - IBHE

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?