BOG approves $470 million budget at latest meeting

A $470 million budget for the 2017-18 year was approved at Carleton’s Board of Governors (BoG) meeting on April 24. The university’s new budget will see a three to eight per cent increase in tuition fees for domestic and international students. According to the meeting agenda, this revenue will fund about 58 per cent of the budget, at $274 million. The new Health Sciences Building—set to be completed in August—is among the most expensive projects in the budget, costing $52 million. With a budget of $29.5 million, the BoG estimates the university’s new Advanced Research and Innovation in Smart Environments (ARISE) building will come in second. Also set out in the budget is $20.5 million towards retrofitting the new building […]

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