Building our future part I: 2017-18 budget

By Andrew Simpson, VP Finance & Operations

UBC’s budget for 2017/18 was approved by the Board of Governors on Thursday, April 12. The financial projections it contains reflect both the challenges of maintaining our ongoing activities, while building for our future.

The budget for the year ahead is fiscally balanced, and makes new allocations for a wide range of priorities. For example, the Excellence Fund, established last year, will continue to build capacity and is projected to make significant injections of resources into new faculty, research, learning, student support, and diversity.

I want to thank everyone across UBC for your work on this budget, and your thoughtful and disciplined approach to the management of our financial resources. For your reference, the Budget report is available on the VP Finance & Operations website and we will also soon be communicating some of the highlights.

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