1. Mount Royal College Annual Fall Town Hall Meeting November 23, 2005

2. Mount Royal College Transition Update Dave Marshall

3. What we asked for… The “tools” in order to develop, and be recognized nationally (and internationally), as a university level institution. i.e. …the tools required to gain membership in AUCC.

4. What we asked for…the tools. Governance  Academic Council AUCC stipulates that applying institutions have a “governance and administrative structure appropriate to a university including: Authority vested in academic staff for decisions affecting academic programs including admissions, content, graduation requirements/standards, and related policies and procedures through membership on an elected academic senate or other appropriate elected body representative of academic staff.” ( Association of Universities and Colleges of Canada – Requirements)  Majority of students enrolled in university-level degree programs

5. What we asked for… Funding  Library/Laboratories  Appropriate funding for university-level courses Name

6. Where are we now? Name: Funding – Capital: Funding – Operating: Degree Approvals: Governance: X ? ? ? 

7. Excerpt from Hansard – Nov 16/05 [Minister Hancock’s response to questions raised on November 16, 2005 in Legislature] “What I would hope is that we would also be able to in some form, perhaps in this Legislature, amend the act by bringing in a provision which would also allow for some flexibility. Instead of the one-size-fits-all academic council structure that is currently in the act, we could have a provision for a board of a college or technical institute, which wanted to have a different form of academic council or needed a flexible structure in some other way than is in the act, which would give it more flexibility, which would perhaps allow it to have a membership, for example, in the AUCC.”

8. Excerpt from Hansard – Nov 16/05 [Minister Hancock’s response to questions raised on November 16, 2005 in Legislature] “They could work co-operatively with the minister and say: ‘Here’s the academic council that would work for us. This would work for our college, for our purposes, in the direction we want to go.’ By doing so, we would be able to bring that in.” (Minister Hancock in response to questions regarding amendments to Bill 9, Post-secondary Learning Amendment Act, 2005, Legislative Assembly of Alberta, November 16, 2005).

9. Go Forward Process Next steps are mostly ours: Submit New Degree Proposals Continue Transition Task Forces’ initiatives Continue with AUCC membership initiatives  3 years to gain AUCC membership Continue working with Alberta Government for Funding  Operating  Capital Name…quack like a duck??

10. Mount Royal College Access Growth Fund New Degree Proposals Robin Fisher

11. Access Growth Fund 2006 ProgramCohort Size FLE’s 2009-10 Grad’s Public Relations359826 Justice Studies4512532 BA – AU at MRC70-120214n/a Aboriginal College Prep with BVC 10-201720 BN – AU at MRC4092n/a Bridge to Cdn. Nursing405940

12. Access Growth Fund 2006 ProgramCohort Size FLE’s 2009-10 Grad’s Accounting5014838 UT: BA5058n/a Early Childhood Cert.201720 Sport and Recreation205615 UT: Physical Ed.4064n/a TOTAL420-480948

13. New Degree Proposals Fall 2005 Bachelor of Business Administration  General Business  Human Resources  Marketing  Accounting Bachelor of Nursing

14. New Degree Proposals January 2006 Bachelor of Arts  Psychology  English  History  Policy Studies Bachelor of Arts – General Bachelor of Arts in Justice Studies

15. New Degree Proposals January 2006 Bachelor of Business Administration  Entrepreneurship  Nonprofit Studies  Aviation Management Bachelor of Science  Biological Sciences  Geology

16. New Degree Proposals January 2006 Bachelor of Science – General Bachelor of Communication  Information Design  International Communications  Journalism  Public Relations

17. Mount Royal College 2006-2007 Preliminary Budget Forecast Richard Roberts

18. Presentation Outline Update budget objectives and priorities Preliminary assumptions  Revenue assumptions  Expense assumptions 2006-2007 Preliminary Budget Forecast Budget Timelines

19. Budget Objectives Update budget institutional priorities and strategies Sustain current programs and services Plan for enrolment growth Set aside one time funding to address one time needs and create budget flexibility Respond to Library Task force report Respond to Resource Solutions Task Force Balanced budget

20. 2006-07 Budget Priorities Institutional Priorities updated for 2006/07 with supporting strategies  Transition Planning  Institutional Growth  Employer of Choice  Ensure Facilities for Delivery of Academic Plan  Enhance Financial Base  Ensure IT Support for Delivery of Academic Plan Priorities and Strategies document to be posted on the web

21. Key Variables Government Grant  each 1% change = $500k Credit Tuition Fees  Each 1% change = $320K Salaries and Benefits  Each 1% change = $900K

22. Revenue by Source

23. Revenue Assumptions Revenue Changes (4.5% increase) $ millions Grant Increase $ 1.3 Tuition (rebate may continue) 4.4 Other Revenues.2 Total $ 5.9

24. Expense by Source

25. Expense Assumptions Expenditure Changes (4.8%) $ millions Salary and Benefits $4.7 Supplies and Services (.8) Fall/05 ACCESS 1.5 Library – Task Force.1 Institutional One Time 1.0 Total $6.5

26. Capital and Reserve Budget Assume $1.3 million will be contributed to reserves  Parking ($1.2 million) and Recreation Equipment ( $130k) reserves $2.1 million for capital replacement and library acquisitions $926,000 for debt payments for the residence and capital leases

27. 2006-2007 Preliminary Budget Forecast REVENUE Grants$ 58,480,969 Tuition and Fees50,174,034 Other Revenues30,772,434 TOTAL REVENUE$139,427,437 EXPENSE Salaries and Benefits $ 90,049,683 Non-Salary48,432,504 Institutional Re-allocation1,000,000 TOTAL EXPENSE$139,482,187 Net ($54,750)

28. Assumption Risks/Opportunities  Tuition Fee Decision  Nursing program funding continuation  Negotiations  Additional funding - ACCESS approvals (2006)  Supplies & services inflationary pressures  Earned Revenues  Lack of Major Capital Funding

29. Budget Status Anticipate being able to sustain current budget with no budget cuts $1.5 million (+) to support enrolment growth $1 million in one time funding for priorities (build in budget flexibility) Shortfall currently projected will need to be addressed before budget is finalized Some assumptions will change as better information becomes available

30. Next Steps Develop allocation methodology for enrolment growth funding (ACCESS) Confirm assumptions Finalize budget priorities and instruction package for budget managers Post budget documents on the web

31. Timelines Review assumptions and forecast with Board of Governors – Dec. 12/05 Direction to Budget managers – Dec.15/05 Budget Consolidation – Feb./March/06 Budget Approval – Board of Governors April10, 2006 Consultation throughout