Brock’s Administration will recommend the University’s Board of Trustees approve a 2014-15 operating budget that opens the year by forecasting a $3.2-million shortfall, but commits to eliminating that deficit by the end of the fiscal year.

The budget plan was drafted in consultation with the Senior Administrative Council (SAC), the Council of Academic Deans (CAD), unit leaders, Senate (primarily though feedback received from Senate sub-subcommittees) and the Board of Trustees and its committees.

The budget plan recommends the $3.2-million shortfall on the condition that the University finds in-year mitigation measures that will ultimately achieve a balanced budget for 2014-15.

A topic sheet posted on the Brock Outlook website states the 2014-15 budget proposal will go before the Board’s Financial Planning, Investments and Human Resources Committee when it meets on June 26.