ACQNET: Lifespan of Library Materials

From: ELEANOR COOK <COOKEI_at_appstate.edu>
Date: Sun, 20 May 2001 14:53:06 -0400 (EDT)
To: acqnet-l_at_listproc.appstate.edu
Date: Sat, 12 May 2001 21:58:29 -0400
From: Thelma Diercks (Univ. of Hawaii) <thelma_at_hawaii.edu>
Subject: Lifespan of Library Materials

Effective July 1, 2001, colleges and universities (in Hawaii) will be 
required to depreciate their collections for Financial Statement purposes.  
The University of Hawaii Library has been asked to recommend the average
useful life of its collection.  Separate recommendations are
required for each format: monographs, serials, cd-roms, periodicals,
newspapers, microfiche, audio cassettes, video cassettes, etc.  We have
until the end of the month to come up with formulae.

We would appreciate hearing how other libraries have calculated
depreciation of their collections.  Is there a "blue book" for library
materials?  Thank you for your thoughts and any leads you send our way.

Thelma Diercks
Head, Acquisitions Department
Acting Head, Collection Services Division
University of Hawaii Library

email: thelma_at_hawaii.edu
phone: (808) 956-2611
fax:   (808) 956-8596
Received on Sun May 20 2001 - 15:12:29 EDT