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Board approves 2015/16 budget

Budget Approved

The Board of Governors for Northwest Community College (NWCC) approved the 2015/16 budget at its June 19, 2015 board meeting in Prince Rupert.

The budget identified $1.4 million in cost-savings to address a shortfall in government funding and a decline in enrolment related revenue.

The shortfall was mitigated primarily through working with NWCC’s unions and their members to come up with innovative solutions such as early retirement incentives and voluntary severance. This process allowed NWCC to dramatically reduce the impact on people and programs.

“We are sincerely grateful to our unions for the work they did with us to minimize the impact on people,” said NWCC President, Ken Burt. “We are confident that the hard work done this year will put us on stable footing for the coming years and help us grow enrolments and revenues.”

The provisional budget was presented to Northwest Community College’s internal community over the last two months and feedback was solicited from staff, faculty and students. This process allowed management to meet with the internal community in face-to-face settings to discuss the budgeting process for 2015/16 in an open and transparent manner.

Board members commended Northwest Community College’s staff for the work done to balance the budget.

“These can be difficult issues to manage and we’re very pleased with the work our management team did with its unions to minimize the effect on people and programs in our communities,” says Board of Governors chairperson, Herb Pond.

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Media contact:

Sarah Zimmerman
Director, Communications & Public Relations
E-mail: szimmerman@nwcc.bc.ca

Telephone: 250.638.5494 or cell: 250.631.6007

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