[LIBRARYDIR] values for library "surplus inventory"

[Tammy Siebenberg]

At Yakima Valley we have been asked for information about our withdrawals for at least the last three years.  We list the number of items withdrawn by type and give an estimated value for each type.  This value appears to be equal to the replacement cost for that type of item.  Here's an example based on the report we sent a few years ago:

Item Type

Number Discarded

Estimated Value

Total









Books

830

50.00

41,500.00

Cassettes (audio)

0

25.00

0.00

CD ROMS

1

50.00

50.00

Phonograph records

0

30.00

0.00

Videos

6

75.00

450.00

Laser disks

0

150.00

0.00

TOTAL

837



42,000.00


Hope this is helpful.

Tammy

Tammy R. Siebenberg
Director - Library & Media Services
Yakima Valley Community College
Yakima, WA  98902
(509) 574-4984
tsiebenberg at yvcc.edu<mailto:tsiebenberg at yvcc.edu>
www.facebook.com/YVCCLibrary<http://www.facebook.com/YVCCLibrary>

From: LIBRARYDIR [mailto:librarydir-bounces at lists.ctc.edu] On Behalf Of Kanne, Lynn
Sent: Monday, July 6, 2015 11:53 AM
To: LMDC open (librarydir at lists.ctc.edu)
Subject: [LIBRARYDIR] values for library "surplus inventory"

Hello all:

Our accounting department has asked me to find out what methods are being used at other colleges to assign values to withdrawn library materials (books, DVD, etc.).

If you've been asked for this information, can you share what systems for tracking original cost or formulas you use to calculate the value? Send to me and I'll share a summary if there's interest.

Thanks.
Lynn

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Lynn Kanne, Interim Dean for Instructional Resources
Seattle Central College Library<http://seattlecentral.edu/library> | 206-934-4072

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