LIVE: Ryerson Budget Town Hall
Reporter Diana Hall will be live blogging at the Ryerson community town hall discussing the development of the university's budget.
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Ahead of Ryerson University's release of its budget for the 2014-2015 fiscal year, the university's administration is leading two town halls over the next two weeks to invite students, faculty and staff to learn about the school's budgeting priorities and concerns. At the first of such gatherings this morning, Dr. Mohamed Lachemi, Ryerson's provost and vice-president academic, as well as Paul Stenton, deputy provost and vice-provost, university planning, are leading a discussion about the obstacles and goals of financial planning for the next school year.
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Now we're talking budget simulations and playing with numbers. Many of the numbers on the balance sheet are out of Ryerson's control: a maximum increase of 3 per cent in tuition fees, an expected 1 per cent drop in government grants, other areas of government decision-making and inflation.
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Lachemi asks audience about how to deal with the budget cuts year after year. An audience member says the government approach to prioritize programs is a good strategy, but Lachemi says it's difficult to know where to start cutting programs. All programs, he says, are in "high demand."
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