To inform the strategic budget planning exercise that Cornell is undertaking for the continued reduction of expenditures, the following library benchmarking data was assembled to answer questions about the level of relative support, intensity of use, level of staffing and staff efficiency at Cornell University Library and its Ivy Plus peers. Our analysis shows that Cornell, when put into the context of institutional characteristics, ranks significantly lower on measures relating to financial support (expenditures, collections and staffing) than on measures that show how heavily students use our services and staff efficiency.