Budget Book

The McGill University Budget was approved by the Board of Governors in April 2017. This Budget was developed to ensure that McGill’s resources continue to be aligned with strategic academic priorities, to simplify and clarify budget categories, and to provide the means for measuring our progress, while remaining fiscally responsible.

The FY2018 Budget demonstrates our commitment to maintaining a balance between investments in strong academic priorities and available resources.The Budget also reflects McGill’s pledge to manage costs and to make better use of existing resources in ways that allow us to maintain our place among the world’s top publicly funded, research-intensive, and student-centred universities.

In addition, the Budget outlines actions that the University is taking to modernize our administrative processes in ways that will contain or reduce costs, mitigate the risks of increasing deficits, and increasingly diversify revenue sources, while at the same time enhancing our research, teaching and engagement in Quebec, Canada and the global community.