INFORMATION ITEM – LMT continued the discussion about the tight budget outlook for MU Libraries. MU Libraries will begin the new fiscal year with a budget deficit that must be addressed. LMT reviewed reports comparing the expenditures of the past four years, and no one category or area of spending caused the deficit. Rather a continued low level of funding, together with increased demands on existing funds, has created the shortfall. Discussion ensued about strategies to address the issue going forward.
INFORMATION ITEM: LMT reviewed and made changes to a survey related to the Strategic Directions for MU Libraries. The survey will be distributed to MU Libraries staff next week, and responses are requested by the end of the month.
ACTION ITEM: LMT resolved to create a master list of Committees. Each Division Head will have a number of committees assigned to them to review. Policies that relate to committees will also be reviewed. LMT will discuss the topic again after reviews are complete. Work on reviewing existing and creating new committees will take place over the coming fall semester.
INFORMATION ITEM: LMT reintroduced the topic of a Student Library Fee proposal, requested by Chancellor Loftin. LMT will try to have an updated proposal drafted soon for broader discussion and ready to present to the Chancellor early in the fall semester.