Budget Office

The Budget Office is part of the Finance Department at UNBC. The staff members in the office are responsible for budget administration for the University, which involves forecasting, developing and managing the University’s operating budget. The Office is also responsible for providing information and advice to Deans, Directors and the various departments regarding their funds to facilitate informed decision making. Decision making support and information to senior management and the Board of Governors are also key services of this area.

To streamline communications and improve service in budget related matters, a “designated contact person” has been assigned for each area of General Operations, NMP and Ancillary units. If you need assistance with any budget related matters in these areas, please contact Sean Kinsley at sean.kinsley@unbc.ca or Tracey McIntyre at tracey.mcintyre@unbc.ca, as per the designated contact list in the link below:

Please note that while this list indicates the primary contact for each area, in the event of vacation or other extended leaves, either Sean or Tracey may respond to budget related matters.

University Budget Overview

The University of Northern British Columbia Board of Governors has approved a combined general operating and ancillary services budget of $91.3 million for 2017-18.

This budget allows the University to maintain existing service levels. It also provides a structure for enhanced student recruitment and retention initiatives designed to help the University meet its target of increasing UNBC student enrolment by five percent or more each year through 2020.

The budget also highlights other investments:

  • Investment in faculty positions to ensure the excellence and integrity of academic programming.
  • Modernizing research tools, such as weather data collection and biology lab equipment.
  • Support for online, distance, and hybrid course delivery.
  • Provisions that will support ongoing academic and integrated strategic planning, infrastructure investment, and resources for employees to develop an even healthier and safer work and learning environment.

The investments in the Budget align with the strategic priorities approved by UNBC’s Board of Governors last year, which span four key areas:

  • Attracting, retaining and developing outstanding students, faculty and staff.
  • Enhancing the quality and impact of UNBC’s academic programming and delivery.
  • Enhancing the research culture at UNBC.
  • Ensuring financial accountability, sustainability and operational effectiveness.

The University has a very strong balance sheet with an endowment of more than $50 million (which funds items such as student awards and faculty research chairs) and cash reserves of almost $50 million (which provide funding for ongoing infrastructure repair and replacement and that may not be invested in the University’s day-to-day operations).

UNBC faces some expected financial pressures, however, including declining revenues from multiple sources and increased compensation costs. The Board of Governors approved a number of actions to address these pressures:

  • A temporary adjustment of allocations to reserves that have sufficient balances to maintain activities at the same level as previous years.
  • A temporary decrease to the operating budget of approximately $400,000.
  • A tuition fee increase of 2%.

About 62% of the operating budget revenue for the University is provided by the Government of B.C., while approximately 23% comes from tuition and fees. Wages and benefits account for about 69% of the University’s total operating expenditures.

The tuition fee for an average full-time undergraduate student will now be $5,213 per year, an increase of  $102 (2.0%) from last year.

University Budget Documentation

Financial Planning Overview

General Operating Budget Summary

Budget Planning Framework

Other Budget Related Documents

FAST Portal Training Guide