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Highlights

For the 5 year period reviewed (2000 - 2004):

• While periodicals make up 7% of the library collection, 70% of the dollars spent on aquisitions is needed for periodicals. (Chart 1)
• Examined with respect to rooms, the vast majority of campus physical resources are either state owned and deed/gifted to the state or state owned and state funded. (Chart 2)
• Following a decline, the return on investments (SJSU Foundation) have rebounded. (Chart 3)
• As a percentage of total revenues, non operating revenue exceeds operating revenue (student fees, grants/contracts, sales and services, ..). From a substantial difference in 01/02 in the two sources (65% non operating) a greater balance in sources of revenues between the two types developed (55% non operating). (Chart 4)

5.1Information and Computing Resources

For the 5 year period reviewed (2000 - 2004):

• While periodicals make up 7% of the library collection, 70% of the dollars spent on aquisitions is needed for periodicals.

Context/reflection: This data is similar to that across the CSU (1), where the average periodical make up of the library collection is approximately 5% and accounts for 73% of the dollars spent on acquisitions. Additionally, it should be noted that periodicals are trending away from being bound, thus reflecting an even lower percentage of the volumes. As more periodicals become available via on-line subscriptions this pattern will become even more pronounced. Additional information on budget issues is provided in a study by the SJSU Library Board (2).

5.2Physical Resources

For the 5 year period reviewed (2000 - 2004):

• Examined with respect to rooms, the vast majority are either state owned and deed/gifted to the state or state owned and state funded.

Context/reflection: The importance of the funding source for SJSU's facilities is the impact it has on the upkeep of these facilities. Buildings that are either SO-SF or SF-Donor are given an allocation for operations. utilities and maintenance. Industry standard per annum per square foot is between $7-$8. The CSU current standard for new buildings is $7.20 per sq ft. However, older buildings' rates are not adjusted as costs increase. Thus SJSU's current overall rate is $4 per sq ft ($20M for over 5M sq ft). This has led to a deferred maintenance backlog on State Funded buildings of approximately $35M (3).

Key:

5.3Sources of Revenue

For the 5 year period reviewed (2000 - 2004):

• As a percentage of total revenues, non operating revenue exceeds operating revenue (student fees, grants/contracts, sales and services, ..). From a substantial difference in 01/02 in the two sources (65% non operating) a greater balance in sources of revenues between the two types developed (55% non operating).

Context/reflection: The State of California in its Budget Compact with the CSU has agreed to increase its funding support by 3-4% over the next 6 years while fully funding enrollment growth of 2.5% per annum. In return the CSU agreed to increase student fees by up to 10% per annum for undergraduates until student fees account for approximately 33% of the total revenues (4). These fees currently make up 28% of the revenue (5). This would impact the balance between non-operating and operating revenue to make it closer to a 50-50 split.

5.7bEndowment Values and Performance (SJSU Foundation)

For the 5 year period reviewed (2000 - 2004):

• Following a decline, the return on investments have rebounded.

Context/reflection:  The market reached a 30 year historical low after 00-01.  One of the lessons learned during that period was that endowment portfolios should be more diversified.  The SJSU Foundation has taken steps towards increased diversification by using five different brokers (up from one).  There was an improved performance across all equity sectors during 03-04 with the international investments in the EuroPacific Growth fund leading the way with a rate of return of 30.7% (6).

References

1. Source: CSU libraries' statistical data.

2. SJSU Library Budget Study.

3. CSU Budget Allocations.

4. Highlights of the Higher Education Compact.

5. SJSU's Annual Financial Report.

6. SJSU Endowment Report (July 24, 2004) made to President Crowley