GOLD Reimbursement and ILL Statistics 4th Qtr FY2007. Over $22,000 being Returned to Georgia Libs

Happy summer and early fall GOLD Member Libraries,

4th Quarter FY2007 ILL Borrowing and Lending Statistics and the Reimbursement Payments for Loan Activity Conducted from Apr-June 2007 are in the final stages of preparation and are almost ready for distribution. A chart of institutions qualifying for the 4th quarter reimbursement payments will be available in the gold area of the GPLS website within the next two weeks.

GOLD Reimbursement payments (either in the form of electronic transmission or paper checks) should also be dispatched within the next two weeks.

Attached in two excel files you will find all GOLD to GOLD and GOLD to Non GOLD Borrowing and Lending Activity Statistics that I have to date for FY2007. This should be a familiar format to the membership as I provide an update to these same files each quarter.

The first spreadsheet records "GOLD to GOLD" Loans and Borrows for all four quarters of FY07. During the 4th quarter there were a total of 14,944 loans made to other GOLD libraries during this three month period. 14,732 of these loans were eligible for the GOLD reimbursement at $1.50 per loan. GOLD libraries that made 10 or more loans to other GOLD libraries using the OCLC system during this time period are eligible to receive the reimbursement. This payment is designed to help defray the postage costs that member libraries incur to loan materials to other GOLD members.

There were 114 GOLD members who qualified during the 4th quarter so this means that $22,098.00 is in the process of being returned to Georgia Libraries. To find the number of loans your library made to other GOLD libraries during the 4th quarter simply access the GOLD Borrows Loans FY07.xls spreadsheet (attached) and look for the column heading entitled:

4th Qtr. FY2007 LOANS (Apr-June 07)

Scan down the left hand side of this spreadsheet to find your institution name. At the intersection between your institution name row and the 4th Qtr "LOANS" column you will find the number of loans that your institution made to other GOLD libraries. If that number is 10 or greater, then multiply that number times $1.50 and you will have the reimbursement amount that should be on its way soon.

The "BORROWS" column to the right of the LOANS column will give you the number of loans you requested from other GOLD libraries during the quarter. The loan activity is about 2% below last quarter's activity but not bad considering it was the time period when school normally ends for the summer. Great closeout!

The 2nd spreadsheet has a similar layout to the first but this one records GOLD Loans "TO" and Borrows "FROM" NON-GOLD Libraries. This loan activity is not eligible for reimbursement. If I were in an individual library and managing these statistics I would want to set up a merged spreadsheet for my own institution so I could see the columns for the number of "GOLD to GOLD Loans" and the number of "GOLD to NON GOLD Loans" right next to each other. The same would be true for Borrowing so I could see the number of "GOLD to GOLD Borrows" next to the column that records the number of "GOLD to NON GOLD Borrows" indicating whether or not you are using GOLD to its best advantage. The "net lending" figure is given simply as an on-going measure of your lending to borrowing ratio. Libraries DO NOT have to have a positive net loan figure in order to qualify for the GOLD reimbursement.

As promised, I will continue to give you statistics that will update this spreadsheet each quarter once I have concluded the figures necessary to request the GOLD reimbursement. The 1st quarter of FY08 activity runs from July through September 07. Hope this helps!

I welcome your questions or concerns. However, you may want to keep in mind that I am on vacation from September 3rd through September the 7th. Talk to you when I return! Thanks -- Toni Z.

Toni Zimmerman
Director, Resource Sharing & Interlibrary Cooperation
Georgia Public Library Service
A Unit of the University System of Georgia
1800 Century Place, Suite 150
Atlanta, GA 30345-4304
Phone: (404) 235-7129 (Effective Monday, 3/6/06)
Fax: (404) 235-7201 (Effective Monday, 3/6/06)

"Please note phone and fax number changes"

GOLD Borrows Loans_FY07.xls58 KB
NON GOLD Borrows Loans_FY07.xls57 KB