Mid September: Announcements of departmental allocations with an estimate of subscription expenses and the amount available for new orders.
December 16: Target date for encumberence/expediture of 1/3 of department's allocation.
January 31: Departments receive a list of their periodical subscriptions and start reviewing which (if any) to cancel.
May 15: Last day Acquisitions places orders for new subscriptions for the fiscal year.
May 31: Last target date - department or librarian should have sent sufficient requests for the remaining free balance.