UBC Board of Governors approves balanced operating budget for 2025/26
UBC is projecting a balanced financial position as part of its 2025/26 budget, approved by the university’s Board of Governors this week. The budget report acknowledges the challenging and evolving landscape affecting all Canadian post-secondary institutions, while also highlighting UBC’s commitment to advancing its core academic mission and to ensuring the university’s long-term financial resilience. Read […]
UBC planning a balanced operating budget for 2025/26
UBC is projecting a balanced financial position as part of its 2025/26 budget proposal, presented last week to the Board of Governors’ Finance Committee. The proposal reflects the university’s commitment to advancing the academic mission and sustaining our financial resilience, while also acknowledging the challenging and evolving landscape that has affected all Canadian post-secondary institutions. […]
What do we mean when we say “budget” at UBC?
UBC’s annual budget process is underway, and our faculties and administrative teams are working on the unit-level financial plans that will feed into the university-wide budget proposal that is presented to the Board of Governors for approval. At the same time, the VP Finance & Operations (VPFO) is leading a wider strategic budget review in […]
UBC Budget Update
This week, the proposed UBC budget for 2022/23 was presented to the Board of Governors’ Finance Committee for review, in advance of consideration for approval by the full Board of Governors on March 31, 2022. Once approved, the budget report will be made available on the UBC’s Annual Budget page and will be shared via UBC Today. […]
Enhancing UBC’s Financial Budgeting, Forecasting and Analysis Support
In addition to preparing and managing UBC’s annual financial budgeting process, the Comptroller’s Budget Office team has seen increasing demand for complex future-facing financial analysis, expanded budget and forecasting support, and the integration of new technologies such as Workday and Adaptive Planning. To better respond to these needs, the Budget Office team is reforming under […]