Today members of the DSU executive met with the Dalhousie Budget Advisory Committee to discuss their recent discussion paper on the upcoming 2009-10 operating budget for the university.
Due to the Memorandum Of Understanding between Nova Scotia Universities and the Government of Nova Scotia, tuition is frozen (and Nova Scotia students will be receiving a bursary as well) and currently there are no increases in student fees for Dalhousie students. There is also new money coming to the university from the government due to the MOU and the new funding formula which will reflect the increased enrollment that Dalhousie has experienced over the past few years. This all sounds great - however, with the increase costs of items such as energy, fuel, taxes, and insurance (only to list a few of the items with increased costs for the coming year) the university is currently planning to run a deficit of $3,709,000.
The linked discussion paper is the first draft of the upcoming year's budget and more work will be done on it, including more consultations, over the next few months. The budget will be going to the Board of Governors Annual General Meeting in June for approval.
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