Despite inflationary increases without an increase in funding, Portage College is committed to maintaining and delivering ongoing instruction and services to students in all campuses.
Based on the direction given by the Portage College Board of Governors, College President, Dr. Trent Keough and management staff of the College have been tasked with obtaining a balanced budget for the 2011-2012 fiscal year, beginning July 1, 2011.
"We are currently looking at alternative methods of program and service delivery with cost controls in mind," said Keough.
The College is faced with a zero per cent grant increase, tuition rates capped at near zero, and declining student numbers. Management at the College will begin the budget assessment process next week. The College must make budgetary decisions based on best estimates, and are using all opportunities at hand.
Though revenue growth is not in line with expenses, the College will be examining ways to restructure present services and programs that will cut costs but not affect the excellence of instruction and learner support services.
The College has been proactive in this fiscal year by not filling presently vacant positions at the College wherever possible. As well, the College is aggressively pursuing partnerships with industry and government in order to continue to create new program development.
