University of Saskatchewan

University of Saskatchewan Reports




Susan Milburn Chair, Board of Governors

On behalf of the board, I want to thank the entire U of S community for coming together to address the fact that our operating expenses are growing faster than our revenues. But as has always been the case throughout our university’s history, our dedication, hard work and prairie resourcefulness have resulted in significant progress towards our goal of financial sustainability.

Building on the past year, our work with the university’s senior leaders continues to be focused on making strategic decisions to ensure sustained, long-term financial sustainability by permanently reducing the gap between our revenue and expenses.

Financial sustainability is a critical step toward improving our place among Canada’s top research-intensive universities – the U15. We are pleased to continue this work alongside the dedicated members of the university community. The steps taken over the past year strengthens our foundation for the future, which is built upon a proud history of excellence.

As new individuals join our leadership team at the university and on the board, I am confident that we have taken the necessary and appropriate steps to maintain the university’s exceptional record of financial management. 

Susan Milburn, Chair, Board of Governors

2012/13 Annual Report

2012/13 Annual Report

University of Saskatchewan Annual Report 2012-13

On behalf of the board of governors, I would like to extend my appreciation to all university employees for your commitment to bringing positive financial change to an already excellent university, and your dedication to this institution.

At the board, our focus is on the strategic and long-term direction of the university. It is important that we work with senior administration to ensure that the university is financially sustainable over generations, not just planning cycles.

Excellent progress has been made, beginning with a proactive and comprehensive four-year strategy to eliminate the mismatch between our revenues and our expenses. There is still a great deal to do in determining and implementing those changes needed to ensure our university’s financial sustainability. Steps taken over the past year have already resulted in permanent reductions in operating budget expenses for future years. With the priorities outlined in our third integrated plan, Promise and Potential, and a process for change guided by our budgets, the University of Saskatchewan is uniquely positioned to capitalize on its strengths and achieve new heights.

We look forward to continued progress and are pleased to work alongside the university community to make that happen.

Susan Milburn, Chair, Board of Governors

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Financial Services Division
Administration Building
105 Administration Place
Saskatoon, SK

S7N 5A2
Ph: (306) 966-6625