Budget townhall on May 20, 2025
May 27, 2025
UVic faculty and staff were invited to a virtual townhall on Tuesday, May 20 to learn more about UVic’s balanced operating budget for 2025/26, which was recently approved by the Board of Governors.
This year’s budget reflects a thoughtful and collaborative effort to develop prudent enrolment targets in an evolving post-secondary landscape. Based on current budget planning assumptions and, with continued attention to enrolment, we are well positioned to deliver on this budget.
At the townhall, the Vice-President Academic and Provost and Vice-President Finance and Operations provided insights into UVic’s Planning and Budget Framework, including details about the operating budget and our future outlook. The VPs also addressed budget-related questions submitted in advance and asked during the townhall.
Thank you to all faculty and staff who submitted their questions in advance and during the live event.
Future townhalls
Annually, the VPAC and VPFO host a budget townhall in the spring, following the Board of Governor's approval of the Planning and Budget Framework.
Given the interest, the VPAC and VPFO have indicated that they will host a special townhall in the fall on the budget model initiative.
We continue to explore opportunities to engage our campus in the budget and other VPAC and VPFO initiatives and welcome suggestions via vpacproj@uvic.ca.