Budget/Business Plan
ExecutiveSummary
Institutional Context
Over the past several years, the University of Calgary has taken its place among Canada's major research institutions as evident from its ranking on a number of national and international measures related to program quality, size and research productivity. The university continues to derive much of its strength from its role within the Campus Alberta post-secondary system, its location within The City of Calgary and Province of Alberta, and from the over 100 academic programs it offers through its 14 faculties and 53 teaching departments.
Operational Context
The University of Calgary operates in an environment characterized by considerable political, economic, social, technological, and environmental change. Increasing competition, population growth, economic uncertainty, challenges related to student recruitment, retention and engagement, affordable student housing, the growing gap between revenue and expenditure growth, and calls for greater public accountability, among other factors are reshaping the institution's operating environment. While these offer new opportunities, they also present challenges. Over the planning period, the U of C will leverage its strengths to ensure that it meets the needs of its post-secondary learners and the expectations of its community.
Goals, Objectives, Strategies, Performance Measures and Outcomes
The goals, objectives, strategies, performance measures and outcomes identified in this plan demonstrate leadership in how a public university should deliver its mission in a contemporary, sustainable manner given the realities of the times. Central to the University of Calgary's mission over the next four years will be:
1. Student Success - recruiting, retaining and rewarding highly qualified students, providing them with a quality learning environment, and supporting and encouraging them to graduate in a timely manner;
2. Excellence in Research, Scholarship and Creative Activity - taking a lead role in the creation and dissemination of scholarly knowledge;
3. Interdisciplinary Educationand Research - strengthening and integrating programs and interdisciplinary research that cross disciplinary structures; and
4. Return to Community - responding to societal needs for a steady supply of highly qualified personnel, providing intellectual leadership, and contributing to community development.
To fulfill this mission will require the University to recruit and retain dedicated and professional faculty and staff committed to the vision and mission; allocate resources responsibly to areas fundamental to a strong teaching and research university; create world-class facilities that support learning and research built on the principles of social, economic and environmental sustainability; and renew its commitment to the community, students, and scholarship in both its fundamental and applied forms through periodic reviews to ensure that it remains accountable for results.
Financial / Budget Information
The University is projecting expenditures of $1.072 billion for the 2010-11 fiscal year. Including the total UAPP expense, which will result in a projected deficit of $21.1 million in 2010-11. The deficit is forecast to grow to $47.5 million by 2013-14, largely resulting from rising salary and benefits costs, against slower revenue growth.
Capital Projections
Included within the 2010-14 BusinessPlan is a $453.9 million capital budget for 2010-11. The Capital Projections section describes facilities necessary to achieve the objectives of this plan. Priority projects in planning include redevelopment of the Science A building and MacKimmie Library Tower and Block, and renovation and expansion of the Engineering Complex.
Enrolment Planning and Accessibility
Enrolment will be maintained at 25,287 Full-Load Equivalent (FLE) students annually over the next four years.
Tuition and Residence Fee Projections
Tuition fee rates will increase by 1.5 percent in 2010-11, plus a market adjustment in select professional programs. Student residence fees will increase between 2.0 percent and 6.5 percent depending on the residence.