LU cuts administration by $1 million to balance budget

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Jun 25, 2011- 9:38 AM

By: Sudbury Northern Life Staff

Laurentian University finalized its first balanced budget in four years June 24.

The 2011-2012 budget was developed over the last six months, and included consultations with over 175 members of the university community during 17 sessions in Greater Sudbury and Barrie.

“Students were at the centre of all decisions made in the 2011-2012 budget process,” Dominic Giroux, president of the university, said in a press release.

“We are pleased by the result and on track with the plan to regain sustainability approved in 2009. The outcome will support the advancement of our four key goals and deliver value to our student community.”

“We remained true to the university's core priorities by investing in high quality academic programs, research excellence and student supports,” Carol McAulay, the university's vice-president of administration, said.

“Budget allocations shifted as administrative costs were reduced by $1 million and reallocated towards the areas that more directly impact students.”

Overall the annual budget of the university is increasing from $109 million to $110.4 million.

Some of the highlights include:

- Faculties' budgets increased by $2.1 million
- Five per cent increase in targeted expenditures related to research and graduate studies
- An additional $620,000 investment in Laurentian in Barrie
- $387,000 for the creation and staffing of the Centre for Academic Excellence
- $350,000 increase in investment in continuing education to support growth
- An additional $316,000 for student success and orientation
- $68,000 investment to launch the School of Mines approved by university's senate this month
- $50,000 increase to the library budget to extend hours of operation
- $50,000 professional development fund to ensure staff have high-quality learning opportunities
- $35,000 increase in investment in learning technologies to support evolving learning needs
- $33,500 for increased access to conferences for graduate students 
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2 Comments

  • Phillip Morris 6/25/2011 12:00:10 PM - Report Abuse

    True ncitizen. But there is one fundamental difference in these administrations.
    The public board is 100% paid for by us via taxes.
    Laurentian is paid for by taxes, at all levels, and by tuitions as well.

    Those same tuitions see socialist malcontent students cry, every fall, protesting 'unfair' rates. They demand the best services, buildings, equipment, and professors. But, are unwilling to pay for it. Post secondary education in Canada is one of the most affordable, optional, education systems in the world.
    Bottom line is if you wanna play, you gotta pay. Here we see the fiscal responsibility by the administration. Wait for the other shoe to drop when rising costs put a modest hike in this years tuition. Followed by the same few dozen students protesting. (With CUPE and other unions pulling the strings)
    We all have to tighten our belts. Good start by the school.

  • northern citizen 6/25/2011 10:45:29 AM - Report Abuse

    If only the Rainbow District School Board would cut administration; instead they cut teacher positions and close down schools, while increasing their own administrative ranks and salaries year after year.

    The students should come first!
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