This annual report contains the text of the Council's resolutions on faculty salaries and benefits, on administrative salaries, and on librarians' salaries and benefits. It also contains comments by the Council staff, a summary of its findings, and background on the comparison institutions and data collection. The report examines only five high-ranking faculty categories. Next year's will be extended to cover other state-funded positions. The five sections of the report are (1) faculty market conditions, (2) faculty data, (3) faculty salaries, (4) salaries for selected administrative positions and librarians, and (5) faculty fringe benefits. Appended are (1) faculty and salary data, (2) job descriptions for librarians, (3) library holdings (California institutions compared with other institutions), and (4) a Senate concurrent resolution on the submission of these annual reports by the Coordinating Council for Higher Education, the University of California, and the California State Colleges. (HH)