Financial Update
Queen's University-
FAQs
- Administration
- Administration and QUFA
- Are employees being blamed
- Budget makeup
- Credit rating
- Expendable Resources
- Faculty increases
- Financial plan
- Fundraising
- How did we get here
- Other universities
- Pension plan
- Principal's Salary
- Property
- Renovations and capital projects
- Salaries, benefits breakdown
- Salaries, benefits and the budget
- Slowing growth of compensation budget
- Staff increases
Can Queen's administration be trimmed?
Queen's has a history of prudent spending on administration.
As the following chart shows, administrative expenditures at Queen's (as a percentage of total operating expenditures) are low compared to our peers.
Source: CAUBO
However, further efficiencies must and will be sought over the next three years.
At the same time, some short term investments are needed to help us manage long term with fewer resources. That's why Queen's is replacing its administrative systems (the QUASR project). Our current financial, HR and student registration software systems are completely out of date. Modernizing the systems will improve service delivery and help Queen's realize its academic mission. The goal is to keep costs low while maintaining a high level of service in support of our academic mission.