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Related Experiment Videos

Costing the library services. Cairns Library: a case study.

M Forrest1, A M Cawasjee

  • 1Cairns Library, University of Oxford, John Radcliffe Hospital, Headington, UK.

Health Libraries Review
|November 3, 1997
PubMed
Summary
This summary is machine-generated.

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Libraries must adopt business strategies for funding, demonstrating cost-effectiveness through detailed management information. This involves tracking staff time and expenses across various library services to accurately allocate costs to different funding bodies.

Area of Science:

  • Library and Information Science
  • Health Sciences Management
  • Academic Library Administration

Background:

  • Libraries increasingly require business-oriented approaches for funding acquisition.
  • Detailed financial management information is crucial for demonstrating service cost-effectiveness.
  • The Cairns Library receives funding from multiple sources, including its parent institution and National Health Service Hospital Trusts.

Purpose of the Study:

  • To implement a comprehensive costing exercise for library services.
  • To accurately allocate expenditures and demonstrate cost-effectiveness to diverse funding bodies.
  • To develop a model for financial accountability in academic and health science libraries.

Main Methods:

  • Categorizing costs into salary, direct, and indirect expenses.

Related Experiment Videos

  • Utilizing detailed staff timesheets to assign labor costs to specific services.
  • Allocating direct and indirect costs to five defined service packages: core, current awareness, document delivery, enquiries, and user education.

    • Main Results:

    • A systematic method for costing library services was established.
    • Costs were successfully apportioned to funding bodies based on registered user numbers.
    • The study provides a framework for transparent financial management and reporting.

    Conclusions:

    • The Cairns Library's costing methodology enables effective financial accountability.
    • This approach supports evidence-based resource allocation and demonstrates value to funders.
    • Implementing such financial practices is essential for modern library sustainability and strategic planning.