MAD HATTER PAGE 8

ESTIMATED FUNDING BASE FOR 1982/83

During the past year a good deal of time and effort has been spent
developing the 1981/82 Expenditure Plan, 1982/83 Budget Request and
the effect of various funding levels as prescribed by the Ministry of
Education. You will no doubt recall that the latter was a hot topic
and resulted in many expressions of concern and consternation through-
out the Provincial colleges and the media.

While the financial information has been discussed at length by
the Management Committee and associations’ representatives, we believe
that a summation of the 1981/82 Expenditure Plan plus the impact of
annualizations and contractual commitments will be of interest to all
College personnel. This summation (1981/82 dollars) in effect becomes
the financial base for the development of the 1982/83 Expenditure Plan.

1981/82 Expenditure Plan:
(Gross Budget unless otherwise noted)

1 Regular Instruction $6,708,947
4 Ancillary Services (net) 0
5 Community Services (net) 259 ,888
7 General Instructional Support 1,099 ,859
8 Student Support 771,960
9 Administration Support 1,070,836
10 Facilities Support 715,481
Total 1981/82 Expenditure Plan $10,626,971

Additional Funding Required to Maintain
1981/82 Level of Service

 

- Annualization of faculty and staff
appointed during 1981/82 (including

benefits) 352,590
- Salary Increments in 1982/83 204 ,488
- Staff salary adjustment per union
contract 117,162
- Program annualizations:
Dental Hygiene Program 215,620
Mental Retardation 69,151

Total Annualization &
Contractual Commitments 959,011

11,585 ,982