University Financial and Budget Information

This page contains all published Brock University financial reports including annual reports, financial statements, budget reports, trimester reports, fiscal framework and DBRS credit rating information.

A graphic of the covers of the report booklets created by the Financial Services in the 2019-20 term as follows: 2019-20 Trimester 1 Report, 2019-20 Trimester 2 Report, 2020-21 Fiscal Framework, 2020-21 Budget Report and the 2019-20 Annual Report. The design is the same for all the reports, a distinction from book to book is made with colour variation and text. The cover graphic consists of a turning page revealing part of a Canadian flag. It illustrates that Brock is turning over an new leaf or page in Brock’s history and symbolizes that Brock is making many changes for the betterment of the University. Brock is moving forward by following the guidelines set out by last year’s newly instated Institutional Strategic Priorities - whose icons are shown on the back cover. Brock moves forward as a strong Canadian University, as it is leaving its mark globally by approving the use of land for the 2021 Canada Games.

Consolidated audited statements

A graphic of a map with text beside it. The text is as follows: Total spending, including payments to suppliers relating to funds collected by Brock University on the supplier’s behalf, to Niagara region suppliers for 2019-20 was more than $34 million to more than 470 suppliers. The average spend per supplier was more than $69,000. The map illustrates the Niagara Region in 4 categories as follows: Niagara West, Niagara Centre, Niagara East and St. Catharines.

Trimester reports and forecasts

Starting in 2016-17 Brock University is preparing trimester reports and forecasts instead of quarterly reports in an effort to more closely follow the academic schedule.

Fiscal framework

Input and recommendations for the budget are encouraged and can be emailed to budgetreport@brocku.ca.

Dominion Bond Rating Service

Brock University has engaged Dominion Bond Rating Service (DBRS) to provide a debt rating for the Senior Unsecured Debentures.

DBRS Report YearRatingTrend
2019A (high)Stable
2018A (high)Stable
2017A (high)Stable
2016A (high)Stable
2015Positive
2014Stable
2013Stable
2012Stable
2011Stable
2010A (high)Negative
2009A (high)Stable