Mount Royal College Annual Fall Town Hall Meeting

November 23, 2005

Mount Royal College

Transition Update

Dave Marshall

What we asked for… The “tools” in order to develop, and be

recognized nationally (and internationally), as a university level institution.

i.e. …the tools required to gain membership in AUCC.

What we asked for…the tools. Governance

Academic Council AUCC stipulates that applying institutions have a

“governance and administrative structure appropriate to a university including: Authority vested in academic staff for decisions affecting academic programs including admissions, content, graduation requirements/standards, and related policies and procedures through membership on an elected academic senate or other appropriate elected body representative of academic staff.” (Association of Universities and Colleges of Canada – Requirements)

Majority of students enrolled in university-level degree programs

What we asked for…

FundingLibrary/LaboratoriesAppropriate funding for university-level

courses Name

Where are we now?

Name:

Funding – Capital:

Funding – Operating:

Degree Approvals:

Governance:

X

?

?

?

Excerpt from Hansard – Nov 16/05[Minister Hancock’s response to questions raised on November 16, 2005 in Legislature] “What I would hope is that we would also be able to in

some form, perhaps in this Legislature, amend the act by bringing in a provision which would also allow for some flexibility. Instead of the one-size-fits-all academic council structure that is currently in the act, we could have a provision for a board of a college or technical institute, which wanted to have a different form of academic council or needed a flexible structure in some other way than is in the act, which would give it more flexibility, which would perhaps allow it to have a membership, for example, in the AUCC.”

Excerpt from Hansard – Nov 16/05 [Minister Hancock’s response to questions raised on November 16, 2005 in Legislature] “They could work co-operatively with the

minister and say: ‘Here’s the academic council that would work for us. This would work for our college, for our purposes, in the direction we want to go.’ By doing so, we would be able to bring that in.” (Minister Hancock in response to questions regarding amendments to Bill 9, Post-secondary Learning Amendment Act, 2005, Legislative Assembly of Alberta, November 16, 2005).

Go Forward ProcessNext steps are mostly ours: Submit New Degree Proposals Continue Transition Task Forces’ initiatives Continue with AUCC membership initiatives

3 years to gain AUCC membership Continue working with Alberta Government for

Funding Operating Capital

Name…quack like a duck??

Mount Royal College

Access Growth Fund New Degree Proposals

Robin Fisher

Access Growth Fund 2006

Program Cohort Size

FLE’s 2009-10

Grad’s

Public Relations 35 98 26

Justice Studies 45 125 32

BA – AU at MRC 70-120 214 n/a

Aboriginal College Prep with BVC 10-20 17 20

BN – AU at MRC 40 92 n/a

Bridge to Cdn. Nursing 40 59 40

Access Growth Fund 2006

Program Cohort Size

FLE’s 2009-10

Grad’s

Accounting 50 148 38

UT: BA 50 58 n/a

Early Childhood Cert. 20 17 20

Sport and Recreation 20 56 15

UT: Physical Ed. 40 64 n/a

TOTAL 420-480 948

New Degree ProposalsFall 2005

Bachelor of Business Administration General Business Human Resources Marketing Accounting

Bachelor of Nursing

New Degree ProposalsJanuary 2006

Bachelor of Arts Psychology English History Policy Studies

Bachelor of Arts – General Bachelor of Arts in Justice Studies

New Degree ProposalsJanuary 2006

Bachelor of Business Administration Entrepreneurship Nonprofit Studies Aviation Management

Bachelor of ScienceBiological SciencesGeology

New Degree ProposalsJanuary 2006

Bachelor of Science – General Bachelor of Communication

Information Design International Communications Journalism Public Relations

Mount Royal College

2006-2007 Preliminary Budget Forecast

Richard Roberts

Presentation Outline Update budget objectives and priorities Preliminary assumptions

Revenue assumptionsExpense assumptions

2006-2007 Preliminary Budget Forecast Budget Timelines

Budget Objectives Update budget institutional priorities and

strategies Sustain current programs and services Plan for enrolment growth Set aside one time funding to address one time

needs and create budget flexibility Respond to Library Task force report Respond to Resource Solutions Task Force Balanced budget

2006-07 Budget Priorities

Institutional Priorities updated for 2006/07 with supporting strategies Transition Planning Institutional Growth Employer of Choice Ensure Facilities for Delivery of Academic Plan Enhance Financial Base Ensure IT Support for Delivery of Academic Plan

Priorities and Strategies document to be posted on the web

Key Variables

Government Grant each 1% change = $500k

Credit Tuition FeesEach 1% change = $320K

Salaries and BenefitsEach 1% change = $900K

Revenue by Source

Investment Income2.2%

Grants41.9%

Earned Capital5.8%

Sales & Rentals13.4%

Donations0.6%

Tuition & Fees36.0%

Revenue Assumptions

Revenue Changes (4.5% increase)

$ millions

Grant Increase $ 1.3

Tuition (rebate may continue) 4.4

Other Revenues .2

Total $ 5.9

Amortization8.3%

Scholarships0.5%

Salaries and Benefits65.2%

Supplies and Services17.1%

Utilities3.9%

Cost of Goods Sold3.9%

Contingency1.1%

Expense by Source

Expense Assumptions

Expenditure Changes (4.8%)

$ millions

Salary and Benefits $4.7

Supplies and Services (.8)

Fall/05 ACCESS 1.5

Library – Task Force .1

Institutional One Time 1.0

Total $6.5

Capital and Reserve Budget

Assume $1.3 million will be contributed to reserves Parking ($1.2 million) and Recreation Equipment ( $130k)

reserves

$2.1 million for capital replacement and library acquisitions

$926,000 for debt payments for the residence and capital leases

2006-2007 Preliminary Budget Forecast

REVENUE

Grants $ 58,480,969

Tuition and Fees 50,174,034

Other Revenues 30,772,434

TOTAL REVENUE $139,427,437

EXPENSE

Salaries and Benefits $ 90,049,683

Non-Salary 48,432,504

Institutional Re-allocation 1,000,000

TOTAL EXPENSE $139,482,187

Net ($54,750)

AssumptionRisks/Opportunities

Tuition Fee Decision Nursing program funding continuation Negotiations Additional funding - ACCESS approvals

(2006) Supplies & services inflationary pressures Earned Revenues Lack of Major Capital Funding

Budget Status

Anticipate being able to sustain current budget with no budget cuts

$1.5 million (+) to support enrolment growth $1 million in one time funding for priorities (build

in budget flexibility) Shortfall currently projected will need to be

addressed before budget is finalized Some assumptions will change as better

information becomes available

Next Steps

Develop allocation methodology for enrolment growth funding (ACCESS)

Confirm assumptions Finalize budget priorities and instruction

package for budget managers Post budget documents on the web

Timelines

Review assumptions and forecast with Board of Governors – Dec. 12/05

Direction to Budget managers – Dec.15/05 Budget Consolidation – Feb./March/06 Budget Approval – Board of Governors

April10, 2006 Consultation throughout