TransformUS reports to be released December 9
The U of S campus community,
We are writing today to let the campus community know that the task forces are on schedule to deliver their TransformUS reports to President Busch-Vishniac on the November 30 deadline.
As a reminder, our TransformUS task forces, consisting of faculty, staff and students at a position no higher than a department head or director, are volunteers who were selected through an open, institution-wide nomination process in February. Task force members have put in hundreds of hours of work since March in support of developing two prioritization reports with recommendations for how the university allocates resources to support priorities. Within their reports, academic programs and academic and support services will be placed in to five quintiles:
- Candidate for enhanced resourcing
- Maintain with current resourcing
- Retain with reduced resourcing
- Reconfigure for efficiency/effectiveness
- Candidate for phase out, subject to further review
Approximately 60 per cent of programs and services will be prioritized in quintiles 3, 4 and 5. We know individuals may have concerns over being placed in these quintiles, and may be anxious over the future of their program or service. We are looking for $20-25 million in permanent savings, or approximately five per cent of our total operating budget. We want to remind you that the task force reports are one element of the process, and further analysis will be undertaken before decisions are made.Read More
TransformUS and town hall update
The U of S campus community,
We want to thank those of you who were able to join us, either in person or online, for today’s financial town hall. For those unable to attend, a video version of the town hall in its entirety will be posted online by the end of today at www.usask.ca/finances.
Today’s town hall provided an overview of the process that will follow the receipt of the reports from the TransformUS task forces. Information did not differ from what was communicated by the president in her letter earlier this month. Instead, our focus today was on answering your questions regarding this process and other projects underway.
To recap the TransformUS process, on November 30 the president will receive two reports – one from each task force. These reports will place all programs and services into one of five quintiles, ranging from increased resources to recommended for elimination. The president will provide the reports to the campus community on December 9 which will kick off eight weeks of opportunities for campus community reaction to the reports. From February to April 2014, the Provost’s Committee on Integrated Planning (PCIP) will take the reports and feedback, and meet with leaders to begin to develop an implementation plan. All possible decisions which may form part of this implementation plan will be carefully considered to ensure they are the best decisions for the future of the university. The plan will be shared with the university community in late April and decisions will be implemented through the normal governance procedures beginning May 1, 2014.
Some of you have asked why we aren’t simply executing the recommendations of the task forces. There are three key reasons why we expect to take nearly six months to finalize decisions:Read More
U of S releases 2012/13 financial statements
To all faculty, staff and students,
The University of Saskatchewan released its 2012/13 annual financial report today. As well, we can report that the Saskatchewan Provincial Auditor’s review of the university’s 2012/13 financial statements resulted in a clean audit and no audit recommendations for improvement.
The university reported total revenue of $935.4 million and total expenses of $834.3 million. The net increase in fund balances of $101.1 million largely relates to restricted funds that cannot be used for day-to-day operations. Restricted funds include those used for research, endowments, student financial aid and capital projects. The university’s operating fund also includes restricted revenue targeted to areas such as clinical services and clinical practice in the college of medicine, northern medical services and subsidiary companies such as the Canadian Light Source and the Prairie Swine Centre.Read More