The total operating budget for the University includes revenues of $237.3 million against expenditures of $240.8 million. A temporary shortfall is a direct result of the ongoing financial pressures related to the COVID-19 pandemic. The University expects to absorb the shortfall and anticipates revenues will begin trending toward pre-pandemic levels starting next year.
Planning for a more financially sustainable future is underway at the University of Regina. Following the Government of Saskatchewan’s 2021-22 provincial budget announcement, which included stable, multi-year funding for the province’s post-secondary institutions as well as an injection of non-base funds over the first two years, the University is working to identify and implement initiatives that generate new revenue streams and enable greater cost efficiencies.