Budget/Business Plan
ExecutiveSummary
Institutional Context
Over the past several years, theUniversity of Calgary has taken its place among Canada's major research institutionsas evident from its ranking on a number of national and international measuresrelated to program quality, size and researchproductivity. The university continuesto derive much of its strength from its role within the Campus Albertapost-secondary system, its location within the City of Calgary and Province ofAlberta, and from the over 100 academic programs it offers through its 14 facultiesand 53 teaching departments.
Operational Context
The University of Calgary operates in anenvironment characterized by considerable political, economic, social, technological,and environmental change. Increasing competition, population growth, economicuncertainty, challenges related to student recruitment, retention andengagement, affordable student housing, the growing gap between revenue andexpenditure growth, and calls for greater public accountability, among otherfactors are reshaping the institution's operating environment. While theseoffer new opportunities, they also present challenges. Over the planningperiod, the University of Calgary will leverage its strengths to ensure that itmeets the needs of its post-secondary learners and the expectations of itscommunity.
Goals, Objectives, Strategies, Performance Measures and Outcomes
The goals, objectives, strategies,performance measures and outcomes identified in this plan demonstrateleadership in how a public university should deliver its mission in acontemporary, sustainable manner given the realities of the times. Central tothe University of Calgary's mission over the next four years will be:
1. Student Success -recruiting, retaining and rewarding highly qualified students, providing themwith a quality learning environment, and supporting and encouraging them tograduate in a timely manner;
2. Excellence in Research, Scholarshipand Creative Activity - taking a lead role in the creation and disseminationof scholarly knowledge;
3. Interdisciplinary Educationand Research - strengthening and integrating programs and interdisciplinaryresearch that cross disciplinary structures; and
4. Return to Community- responding to societal needs for a steady supply of highly qualifiedpersonnel, providing intellectual leadership, and contributing to communitydevelopment.
To fulfill this mission will require theUniversity to recruit and retain dedicated and professional faculty and staffcommitted to the vision and mission; allocate resources responsibly to areasfundamental to a strong teaching and research university; create world-classfacilities that support learning and research built on the principles of social,economic and environmental sustainability; and renew its commitment to thecommunity, students, and scholarship in both its fundamental and applied formsthrough periodic reviews to ensure that it remains accountable for results.
Financial / Budget Information
The University is projecting expendituresof $1.072 billion for the 2010-11 fiscal year. Including the total UAPPexpense, this 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 resultingfrom rising salary and benefits costs, against slower revenue growth.
Capital Projections
Included within this 2010-14 BusinessPlan is a $453.9 million capital budget for 2010-11. The Capital Projectionssection describes facilities necessary to achieve the objectives of this plan.Priority projects in planning include redevelopment of the Science A buildingand MacKimmie Library Tower and Block, and renovation and expansion of theEngineering Complex.
Enrolment Planning and Accessibility
Enrolment will be maintained at 25,287Full-Load Equivalent (FLE) students annually over the next four years.
Tuition and Residence Fee Projections
Tuition fee rates will increase by 1.5%in 2010-11, plus a market adjustment in select professional programs. Studentresidence fees will increase between 2.0% and 6.5% depending on the residence.