Student Services Budget

The following table outlines the financials for Student Services in fiscal years 2015 forward.

         

Budget

Revenue

FY15

FY16

FY17

FY18

FY19

Grants - Québec 1,809,675 1,838,850

1,856,253

1,892,175 1,894,255
Tuition and Fees 8,496,918 8,634,233 8,789,418 9,110,298 9,290,160
Sales of Goods and Services 1,053,983 1,061,494 1,292,623 1,250,897 1,006,000
Gifts and Bequests 4,800 2,500 3,290 4,949 4,000
Endowment Revenue 24,537 27,431 29,984 31,512 32,000
Total Revenue 11,389,913

11,564,498

11,971,568 12,289,831 12,226,415
           

Expense

         
Salaries 9,223,943 9,764,148 10,400,579 11,278,641 12,273,219
Non-Salary 1,785,976 1,944,488 1,920,631 2,216,877 3,024,692
Overhead 332,506 579,231 621,678 542,897 359,505
Total Expense 11,342,425 12,287,867 12,942,888 14,038,415 15,657,416
           

Transfers

         
Inter-fund (229,299) (75,987) 75,482 (226,318) (61,000)  
             

Current Year Balance (Before One-Time Expenses)

276,787 (647,382) (1,046,802) (1,522,266) (3,370,001)  
             
Prior Year Carry-Forward Surplus/(Deficit) 5,607,700 5,884,487 5,377,105 4,190,303 2,668,037  
             

Total Accumulated Surplus/(Deficit)     

5,884,487 5,237,105 4,190,303 2,668,037 (701,964)