Wednesday
Jun 12, 2013
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Learner-centred budget approved by Bow Valley College Board of Governors
Today the Bow Valley College Board of Governors adopted the College's 2013/2016 Comprehensive Institutional Plan (CIP). The 2013-2016 Comprehensive Institutional Plan positions Bow Valley College closer to our strategic vision for learning-centred, outcomes-focused education for the 21st Century and draws on the collective wisdom of our Board of Governors, College leadership teams, our stakeholders and people, and our community supporters.
"For the College, it was very important that we were able to strike the right balance," said Sharon Carry, President and CEO, Bow Valley College. "We want to ensure we maintain the high quality programs and services for our learners while also ensuring the College is fiscally responsible."
The College was able to reach a balanced 2013-14 operating budget with revenues equal to expenses. The balanced budget was achieved through a zero-based approach ensuring that reductions in revenues were offset by a reduction in expenses. We will continue to find effective solutions to the future year budget deficits and deliver high-quality programs.
Learning partners for life
The College will sharpen our focus to emphasize our priorities and the Learning Partner for Life strategy, generating new opportunities to foster encore learning, and expand programming through cost-effective means or by offsetting costs with new revenues. Our foundational learning programs will be maintained as funding permits, and the College will encourage depth in our career offerings, primarily by developing specializations. The College will maintain our literacy development, language training, and basic education programs that equip vulnerable learners with the necessary skills to build better lives.
Further focus on collaboration
As a proud partner in Campus Alberta, the College will continue to depend on and contribute to a diverse network of partners to enhance our physical and virtual capacity as well as foster deeper connections to our communities and stakeholders. With our Campus Alberta South partnership, we will enhance learning pathways and create a complete learning environment, backstopped by one service system. With support of our partners and the Government of Alberta, we will continue to ensure that Albertans can find a place here at Bow Valley College that meets with their aspirations, addresses labour market needs, and fosters social well-being.
Continue to pair skilled learners with employers
Bow Valley College programs are adaptive by their nature and we are experienced at responding to a multi-skilled and multi-educated workforce that meets employer skills shortages. Learners will demand and employers will need courses, credentials, and experiences available to them when they need them, where they need them, and how they need them. The College will continue to offer all current programs available to learners, while also re-instating a previously suspended program; the Disability and Community Support Diploma program. Prior to the 2013 provincial budget, Bow Valley College had already suspended four low-enrolment programs.
Commitment to achieving Any Time, Any Place, Any Path, Any Pacelearning
In 2012 the Bow Valley College Board of Governors approved Any Time, Any Place, Any Path, Any Pace - a strategic plan to achieve a fully complete campus and the capacity to deliver to 20,000 full- and part-time learners in Calgary and Region and to be an innovative world-class college, rooted in communities, enabling learners to Learn a better living and live a better lifeTM. While adjustments have been made the College remains on-track for achieving its goals.
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Bow Valley College - Calgary and region's only Comprehensive Community College - with more than 14,000 full- and part-time students, is a leader in business and health career training, adult upgrading, and English Language Learning. BVC's Test of Workplace Essential Skills (TOWES), workplace training for immigrant professionals and employment services provide a wide range of services for businesses and professionals.