The University of Regina says it has a balanced budget again this year. It’s the 23rd consecutive year the institution has balanced its operating budget.
But significant government cuts are going to come at a cost, according to University officials who say there has been significant enrollment growth at the U of R, which shows a 25-percent increase in students since 2009.
The U of R’s financial blueprint includes significant reductions aimed addressing the shortfall created by cuts to post-secondary education funding recently announced by the Government of Saskatchewan.
In a release, the University is quick to point to nearly 7-million dollars in cuts to the facility since November of 2016.
It says these cuts create additional cost-pressures such as an estimated 500-thousand dollars annual-increase in operating costs because of provincial sales tax changes.
These are some efforts taken to address economic shortfalls, according to University of Regina officials:
- Reductions ranging from one to five percent across 19 administrative and academic units, including a five percent reduction to the University’s Executive offices.
- Freezing salaries of out-of-scope staff in 2017/18;
- Suspending operations at the Prairie Adaptation Research Collaborative; and
- Creating efficiencies in the delivery of the nursing program.
“Our aim in this budget was to minimize the effect of government funding cuts. We looked at how to best support our students and made decisions to keep tuition increases low and reinvest funds into scholarships,” said Dr. Vianne Timmons, President and Vice-Chancellor. “Unfortunately, as we work with our various academic and administrative units to implement their respective budgets, we know there will be more tough choices to make – ones that may reduce programming and student services on campus.”
The University says it will not backfill cuts to provincial funding that flow through it to the Johnson-Shoyama Graduate School of Public Policy and the Norman Mackenzie Art Gallery.