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Red Deer College prepares for future with balanced budget developed for 2020/2021

Date posted: 
Mon, 06/15/2020
RDC's main campus: aerial photo

RDC is ready to begin its new academic year on July 1 with a budget that includes operational efficiencies while ensuring the post-secondary institution is ready for future growth as Red Deer University.

RDC is resolute in its commitment to position the organization well for long-term financial sustainability. Decisions made now will allow the institution to thrive next year and well into the future as a polytechnic university, serving the education needs of its students, as well as contributing to the economic, social and cultural well-being of our region.

In preparing the 2020/2021 budget, RDC officials were met with revenue challenges from provincial government reductions that total $5.3 million. This is compounded by anticipated lost revenue as a result of the COVID-19 pandemic from RDC’s ancillary services. Domestic and international student enrollment projections have also been modified and having an impact to RDC’s 2020/2021 budget. As a public post-secondary institution, RDC is required to submit a balanced budget, both by the Government of Alberta and by its Board of Governors.

These challenging circumstances left difficult decisions to be made as RDC’s 2020/2021 budget was prepared. Budget decisions include workforce reductions that affect various College programs and service departments.

“The past weeks have been very difficult as we have had to temporarily lay-off colleagues because of COVID-19. We now have to say goodbye to additional team members as a result of necessary budget decisions for our upcoming academic year,” says Dr. Peter Nunoda, RDC President.

Positions that have been eliminated, or where employees’ hours have been reduced, affect individuals in the College’s AUPE, CUPE and Exempt employee groups. 

“I want to acknowledge the vast contributions of our colleagues who have been impacted, and I thank them for their service to RDC. Most especially, I appreciate the strong commitment to the success of our learners that these colleagues have shown. I wish each of our departing colleagues the very best in their future,” says Dr. Nunoda.

“We never lose sight of helping our students to achieve success in their studies. As we prepare for our future and adapt to changing realities, I’m confident we will realize our vision to transition to Alberta’s first polytechnic university, serving more central Albertans who can study and live in our region after graduating as we grow our future programs to include offering our own degrees,” says Dr. Nunoda. 

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For additional information contact:            
Jeff Maser
Communications Coordinator, RDC
jeff [dot] maser [at] rdc [dot] ab [dot] ca

Brent Forster
Communications Strategist – Corporate, RDC
brent [dot] forster [at] rdc [dot] ab [dot] ca

Shelley Newman
Communications Strategist – Corporate, RDC
shelley [dot] newman [at] rdc [dot] ab [dot] ca

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