University of Windsor sign along Wyandotte St. (Photo by Mike Vlasveld)University of Windsor sign along Wyandotte St. (Photo by Mike Vlasveld)
Windsor

University Passes Balanced Budget

The University of Windsor has approved a balanced operating budget of $254-million.

President Alan Wildeman says that didn't come without some challenges. "Every year our expenses rise faster than our revenues do. This year it's just over $3-million that expenses have exceeded our revenue growth," he says. "So we have to realign that. It's a 1% realignment , which is less than we've had in previous years."

Wildeman says this operating budget also accounts for 50 new faculty positions announced in March.

In the 2015/16 school year, staff costs make up 76% of the operating budget totalling $194-million.

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