BUDGET & FINANCE
For the current fiscal year 2012-13, VIVA's budget is estimated to be approximately $15.5 million. This includes new General Assembly funding of $1.4 million for the 2012-13 year in support of a major e-book initiative in the Science, Technology, Engineering, Mathematics and Health (STEM-H) areas, and to sustain the ongoing collections budget. Overall, the vast majority of expenditures (more than 97%) continue to be for direct services for our member libraries, supporting students and faculty. Of the total budget in fy13, 94% will be allocated for electronic collections, 2.9% will be allocated for resource sharing and interlibrary loan, 0.4% will be allocated for travel and training, and less than 3% will be spent on central administrative costs of any kind.
In addition to the resources acquired through the General Assembly's allocations and local institutional budgets, individual institutions have supported the VIVA project in a variety of ways, most notably through the significant amounts of time donated by dedicated library staff members throughout the Commonwealth.
VIVA libraries take pride in knowing that significant financial benefits have accrued to our members through the group purchases. As of July 1, 2012, the Virtual Library of Virginia (VIVA) has recorded approximately $500 million in cost avoidance. This represents money saved over what would have been spent had each individual public institution acquired the VIVA resources independently. In most cases, these are resources that the local colleges and universities would not have been able to acquire in an electronic form without the Commonwealth's support for VIVA. VIVA not only saves money, but also levels the playing field across VIVA institutions and extends access for all of Virginia's students and faculty. Further significant cost avoidance has been achieved for subscriptions and acquisitions on behalf of the VIVA private colleges and universities.
Contact the director:
Kathy Perry, VIVA Director
George Mason University
Fairfax, VA 22030-4444
About the VIVA Budget
VIVA began on July 1, 1994, and has been funded in two-year periods since then.
- 1994-96: The Commonwealth of Virginia's General Assembly provided the first funding for VIVA when it appropriated $5,238,221 as requested in the 1994-96 Biennium Proposal.
- 1996-98: The 1996-98 Biennium Proposal for continued funding was approved, providing $4,991,000 for the 1996-98 biennium period.
- 1998-2000: The Virginia General Assembly considered VIVA's 1998-2000 Proposal and approved the funding for the 1998-2000 Biennium. (See the Budget for 1998-2000 for a complete chart of the biennium VIVA budget from all sources, including local contributions.)
- 2000-02: The 2000-2002 biennium budget totaled $10,720,619 from all sources.
- 2002-04: VIVA's 2002-04 biennial budget from the state was cut approximately 13 percent during the spring and fall of 2002. The total 2002-04 biennium budget from all sources was $11,071,580. This is slightly higher than the previous total biennial budget because VIVA procurement began handling all VIVA invoices for our private nonprofit colleges and universities.
- 2004-06: VIVA's 2004-06 biennium budget from all sources for the 2004-06 biennium was $13,372,674. Of this total budget, VIVA allocated approximately 89.9 percent to electronic collections, 5.9 percent to resource sharing and interlibrary loan, .8 percent to travel and training for our members, and less than 3.4 percent to administrative costs.
- 2006-08: VIVA's 2006-08 biennial budget from all sources was $19,829,913. Of this total budget, 92% was allocated for electronic collections, 4.5% was allocated to resource sharing and interlibrary loan, .7% was allocated for travel and training, and 3.1% was allocated for administrative costs.
- 2008-10: VIVA's 2008-10 biennial budget from all sources was approximately $21 million. Of this total budget, approximately 57% was from the General Assembly, 26% was from the public colleges and universities and 17% was from the private nonprofit VIVA members. The vast majority of expenditures are for direct services to our members. For the 2008-10 biennium, 92.2% was allocated for electronic collections, 4.2% was allocated to resource sharing and interlibrary loan, less than 1% was allocated for travel and training, and less than 3% was allocated for administrative costs of any kind.
- 2010-12: VIVA's 2010-12 biennial budget from all sources was $27 million. Of this total budget, the amount from the General Assembly remained at $12 million, which represented approximately 45% of the total budget, 39% was from the public institutions, and 17% was from the private nonprofit institutions. As in the past, the vast majority of expenditures (97%) were for direct services to our members. For the 2010-12 biennium, 93.5% was allocated for electronic collections, 3.3% was allocated to resource sharing and interlibrary loan, half of 1 percent was spent on travel and training, and only 2.7% was spent on administrative costs of any kind.