Okanagan College Board passes $95.5-million budget for 2013-14
College Board passes $95.5-million budget for 2013-14
Okanagan College’s Board of Governors has approved a $95.5-million balanced operating budget for the coming fiscal year, addressing a $1.6 million shortfall through a number of measures, including reduced expenditures, expected increases in enrolment and a two per cent increase in tuition fees.
“We must a produce a balanced budget for the institution,” explains College Board of Governors Chair Tom Styffe. “That balance extends to what we’ve asked our staff to do and what we are expecting of students. Our departments have found ways to reduce expenditures and increase revenues through contract training and through enhanced enrolment. At the same time, we’re increasing tuition two per cent.”
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