Thanks Stephen!


Expenditures

• Academic libraries’ expenditures totaled $6.2 billion during FY 2006.
• During FY 2006, academic libraries spent $3.1 billion on salaries and wages, representing 50 percent of total library expenditures.
• Academic libraries spent $2.4 billion on information resources during FY 2006.
• Academic libraries spent $94 million for electronic books, serials backfiles, and other materials in FY 2006. Expenditures for electronic current serial subscriptions were $692 million.
• During FY 2006, academic libraries spent $106.3 million for bibliographic utilities, networks, and consortia.