Notes for this meeting were not taken.  This is the agenda and background information only.

1) Announcements

2) Report on the transition to electronic only (e-only) journal subscriptions
        Bill Kara will report on the status and impact of the project to transition to electronic format-only journal subscriptions when the electronic format offers advantages over paper or when there is no loss of content.  A copy of Bill's report is appended below.

3) Top five goals for the Library
        Biddy Martin has asked the deans to outline the top five goals for their colleges and units and the indicators being used to assess that these goals are being attained successfully.   LMT will consider what Sarah should present to the Provost. 

E-Only Review Summary

1.  E-only project goals - to realize both subscription and non-subscription savings for converting titles to e-only access.  Non-subscription savings, including initial and "life cycle" costs, include receipt and processing, shelving, binding, more automated cataloging & catalog maintenance available for electronic journals and ongoing circulation, stacks maintenance and space requirements. For further information, see http://www.dlib.org/dlib/january04/schonfeld/01schonfeld.html.

2.  Reviews started prior to 2007 subscription year:

Science libraries and JGSM:

By the 2006 subscription year:

1,515 subscriptions converted to e-only (838 titles converted for the 2006 subscription year and 677 titles earlier)
1,375 unique titles on the Ithaca and Geneva campuses
These totals also include many cancellations of "Ithaca" subscriptions (100+), primarily in the life sciences, which were duplicated at CU Med for which online access continues for the full Cornell community.

Subscription Savings:

Approx. $370,000 subscription savings for the cancellation of duplicate subscriptions.
For the 2006 subscription year, there is also significant savings for 789 titles which were not duplicate subscriptions, but converted to e-only.  For these titles the annual subscription savings is approximately $77,000 in subscription savings.

2.  Current Social Sciences & Humanities e-only reviews:

Lists sent to selectors in late February containing 1,304 titles covering 18 publishers/collections.  Selectors reviewed these lists.  In early April selectors posted lists of titles considered for e-only subscriptions. 

By July 14, the E-Resources and Serials Management Group received decisions on 1,115 titles.  These decisions included, 752 titles be converted to e-only, 328 keep print & e, 24 cancellations (with no ongoing access), 11 titles needing further investigation.  Estimate of subscriptions savings, $45,000.  Estimate of savings in serials receiving in LTS Olin, approximately 5% of total number of issues received (3,500+ fewer journal issues that need to be shelved and bound).