University of Saskatchewan's costs growing faster than revenue - Karin Yeske, CJME

The University of Saskatchewan's projected budget deficit is one-third smaller. The university has projected a deficit of $44.5 million by 2016. "Workforce adjustments up until the end of June have resulted in an estimated cost savings to the budget - and this is a permanent budget savings- over $10.4 million for the university," Greg Fowler, vice-president of finance and resources for the University of Saskatchewan. Fowler shared the news at a financial town hall meeting Tuesday. "This means we have closed one-third of our projected gap. Although this is good progress, we still have a lot of work to do," Fowler said.

http://cjme.com/story/university-saskatchewans-costs-growing-faster-revenue/151837