Wednesday, June 15, 2016

U Of Manitoba Trims Nearly $11 Million From Operating Budget - GARETT WILLIAMSON, the Manitoban

The University of Manitoba approved a third consecutive year of cuts to its operating budget in May, trimming nearly $11 million from expenses and drawing criticism from faculty and students. Facing an operating baseline budget shortfall of slightly more than $11.2 million, the university’s board of governors approved a budget at its May 24 meeting that includes across the board departmental cuts of three per cent, representing $10.7 million. The remainder of the shortfall will be made up from salary turnover savings. The total budget rounds out at $637.6 million and includes a 1.2 per cent inflationary increase to tuition and course-related expenses and a 2.5 per cent bump in the provincial operating grant.

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