Word: year
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Dates: during 2000-2009
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Library expenditures grew by 25 percent between 2004 and 2008, and the libraries experienced heavy budget cuts last year after both the University endowment and the dollar fell, leading the Harvard College Library—the largest unit within the system—to seek a $12 million cost reduction...
...issues we addressed are fundamentally independent of the financial crisis and its impact on library and other budgets, in that we’d have needed to address them even if the economy and our endowment had been stable or growing last year and beyond,” said Andrew D. Gordon ‘75, a history professor and task force member. “That said, the crisis makes it all the more important to follow up on this report...
Hyman said he hoped the subsequent implementation working group will achieve “substantial progress” within a year on some of the report’s core reforms, which include putting in place new models for library funding and governance...
Hyman said he hoped the next year would also see the creation of software that would correct this compatibility problem and facilitate cooperation with peer institutions, one of the major recommendations of the task force report...
...effort towards collaboration is a transition away from the emphasis on growth that has led the 370-year-old system to expand into one of the top five largest libraries in the world...