RDC funding cut 7.4% by provincial budget
Red Deer College is losing a big chunk of funding following the latest provincial budget.
Dr. Peter Nunoda, RDC President, says the budget tabled Thursday includes a 7.4 per cent reduction to their Campus Alberta Operating Grant – a loss of $3.6 million.
“It is significantly more than we anticipated in our budget planning process,” Nunoda admits. “We had designed a scenario that was sitting around a three per cent reduction, so this is 4.4 (per cent) more.”
The previous provincial budget tabled last October included a cut of 2.4 per cent ($1.2 million).