Dear AUNBT member:
In late October the University posted its consolidated financial statements (for fiscal year ended 30 April 2018).
We draw your attention to graphs documenting the
- 65% growth of expenses on “administration & general” in the period 2010-2018, and the
- conversion of “one-time” funds to ongoing operating expenses.
Additionally, Fall 2018 enrolments were reported to Senates in October and can now be compared to “Why UNB” targets and projections from 2015. See our analysis:
We appreciate that this is a considerable amount of data to absorb at a busy time of year.
It is important that AUNBT members are informed on financial matters and remain engaged.