Friday, May 24, 2013

U of Manitoba to chop $5M out of $642-M budget - Nick Martin, Winnipeg Free Press

The University of Manitoba is bracing for almost $5 million in cuts. The board of governors will consider a draft budget Tuesday calling for the university to chop $4.98 million from its 2013-2014 budget after the Selinger government reneged on its funding commitment in last month’s provincial budget. The university’s total draft budget for 2013-14 is $642 million. While the province had promised a five per cent increase in operating grants for the third year of a three-year commitment, it instead will increase grants by 2.5 per cent. U of M president David Barnard previously acknowledged Manitoba is better than some provinces, such as Alberta, whose government also reneged on a funding promise and opted for deep cuts to post-secondary funding. More than $3.9 million, or 1.56 per cent, will be cut from academic faculties, departments, schools, libraries and colleges. The rest of the money will come from Barnard’s office and the budgets of other senior administrators. Barnard’s budget faces the highest cut at 3.3 per cent. http://www.winnipegfreepress.com/local/U-of-M-to-chop-5M-out-of-642-M-budget-207990181.html