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Budget update follow up

Dear UBC Okanagan campus community: Thank you to everyone who was able to join me and members of the campus executive team at the UBCO budget outlook presentation on January 24.

Understanding UBC Okanagan’s budget

UBC Okanagan operates under a clear financial mandate: as a public institution, UBC must approve a balanced consolidated budget every year. This requirement ensures responsible stewardship of public resources and long-term sustainability for our campus.

UBC Okanagan’s budget planning process

Budget planning at UBCO follows a carefully structured annual cycle that typically spans five months, from November to March. This formal process ensures thorough consultation, careful financial planning, and alignment with both academic goals and operational needs informed by strategic planning throughout the year.