Friday, April 23, 2010

College makes deep budget cuts - HAROLD CARMICHAEL, THE SUDBURY STAR

"It's like a perfect storm where all of the pieces are coming together ," Barnard said. Cambrian has about 4,500 full-time students, an increase of about 5.6% from the past school year. Enrolment is expected to rise 4% this fall. The college had a $2.5-million surplus at the end of the 2009/10 fiscal year. Cambrian, which has about 450 full-time staff, has an annual operating budget of about $75 million The closing of the Play 'n' Learn Day Care Centre and Carrousel Family Child Care program June 30 means five child-care workers and one manager are losing their jobs. The projected saving is $250,000. The daycare had been running a deficit for some time, said Barnard.