[Eril-l] Financial question - splitting journal package cost between operating and capital budgets

[Tom Francis [tbf]]

Hi Dennis,

That's a brilliant idea!

The only thing I can think of would be, assuming your 2020 Sage subscription costs more than it did in 2019 (!), then you could maybe argue that difference between the two is the price you're paying for the new content. E.g. If 2020 costs $100k, and 2019 cost $98k, then you could say that $2k is what's paying for the 2020 content.

Good luck - please let us know how you get on...

Tom


Tom Francis

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Llyfrgell Hugh Owen
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Resources Acquisition Team Leader
Hugh Owen Library
Aberystwyth University
Aberystwyth
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SY23 3DZ

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From: Eril-l <eril-l-bounces at lists.eril-l.org> On Behalf Of Dennis W. Flanders
Sent: 12 February 2020 21:54
To: eril-l at lists.eril-l.org
Subject: [Eril-l] Financial question - splitting journal package cost between operating and capital budgets

[RHYBUDD! E-BOST ALLANOL / CAUTION! EXTERNAL E-MAIL]

Hi all,

My library is having some budget issues, and I'm trying out some different solutions.  One of which is...

We currently subscribe to journal packages like Sage Premier where the license guarantees, in the event of cancellation, perpetual access to content published during the subscription period.  I'm wondering whether any of you have experience with or guidance on calculating the percentage of such a subscription's cost that "covers" only content from the subscription period.  For example, if paying $100K for a subscription in 2020, what part of that pays for 2020 content?   My goal would be to then argue (with imperfect logic) that that part of the cost may be capitalized because it is ultimately owned.  We have more room in our budget for capital expenditures.  I've started this conversation with a few vendors, trying to see if they'd offer some internal equation, but no luck so far.

Feel free to contact off list, and thanks in advance...
Dennis

Dennis Flanders
Electronic Resources Librarian
Mildred F. Sawyer Library
Suffolk University



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