At its meeting of May 10, 2013, the Board of Trustees approved the Queen's University's budget for 2013-2014, which was the first budget prepared under the new budget model. To view the 2013-2014 Budget Report please click here.
In March 2012, after several years of discussion, Queen’s embarked on a process to develop a new budget model for the University. Since then, the Provost and his team have engaged in significant consultation and discussion with stakeholders, including Faculty and Shared Central Services Business Officers, Senior Administrators within all Shared Services, Deans, and faculty members. The Provost has also hosted open sessions on the new budget model to engage and inform the Queen’s community.
The New Budget Model will be designed to ensure resources and funding allocations are aligned with academic goals, encourage and provide incentives for planning and innovation, and provide transparency to decision-making.
A number of Questions & Answers have been assembled to provide additional context and background on the need for a new budget model, some of the implications of transitioning to a new model, and the process that has been undertaken to date in creating the New Budget Model. Please see the tab above for a list of Q&As.
Our hope is that this forum will provide an opportunity to engage the community in a discussion about the new model, and answer any additional questions that may exist with respect to the new model. Please click here to pose a question.