In the last three years, we have seen the economic landscape shift under academic libraries. Librarians have had to reposition themselves in creatively managing their institution’s library resources. With little new money, fewer staff being hired or replaced, and materials budgets frozen or cut, librarians have been forced to take stock of their situation. With funds tighter than usual, a different type of fiscal restraint has entered the halls of academe. Leveraging library resources has become the ‘New Normal’ for many of us. Some of the themes of this shift include re-engineering the library, creating new tools and services, making new consortial arrangements, and meeting institutional priorities.