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ALA 2010 Annual Conference Program and Exhibit Directory

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cooperation through local, national <strong>and</strong><br />

international initiatives.<br />

Speakers: Bob Fernekes; Lori Jean Ostapowicz Critz<br />

Developing a Library Allocation<br />

Formula<br />

Sunday, June 27, 8:00a.m. – 10:00a.m.<br />

Librarians are constantly looking for ways to utilize<br />

their limited collection development funds more<br />

effectively <strong>and</strong> efficiently. Arkansas State<br />

University’s library makes annual collection<br />

development allocations to academic departments<br />

using a weighted formula based on various factors<br />

including departmental credit hour production, the<br />

number of graduates, graduate programs, <strong>and</strong> the<br />

average costs of books <strong>and</strong> journals. We will<br />

describe the factors used, why they were chosen,<br />

<strong>and</strong> how the formula can be modified for a variety<br />

of libraries. This session will interest those<br />

concerned with the allocation of a library’s<br />

financial resources.<br />

Speakers: Jeff Bailey; Linda Creibaum<br />

171

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