Budget Report

Budget Report

The Graduate Student Association has approved a $3.8 million budget for the September 1, 2016 to August 31, 2017 fiscal year:

  • $1.7 million for the Health and Dental plan
  • $1.0 million for the Grand River Transit bus pass
  • $607,700 for the graduate student -owned and -operated club, the Graduate House
  • $413,000 for the association
  • $14,800 for capital depreciation

The GSA projects revenue from all sources, including student fees, of $3.76 million, which will result in a deficit of $34,000. The GSA has no debts and is able to fund occasional deficits that enhance graduate student services.

The GSA continues to build on its commitment to being a member-driven association. This year was the first time that the GSA Council had a say in developing the association part of the budget. The $413,000 approved for association expenses reflects the deliberations of your elected councillors, who represent graduate students from every department or program.

The association part of the budget is organized into nine sections:

  • $277,300 for full- and part-time staff
  • $54,600 for government relations
  • $31,000 for events
  • $17,700 for political representation
  • $17,700 for graduate student initiatives
  • $4,600 for stakeholder relations
  • $4,400 for governance
  • $3,100 for office supplies
  • $2,800 for legal aid and tax aid services

For questions about the budget, please contact your GSA Councillor or any of the GSA officers.