Update on Projected Balanced Budget

Update on Projected Balanced Budget

The SSMU projects no deficit for this fiscal year or the next*!
* June 1 2024 – May 31 2025 and June 1 2025 – May 31 2026

What changes were made that eliminated the deficit?

  • Removed seven full-time positions (budget reduced by 20%)
  • Removed two software platforms (budget reduced by 14%)
  • Reduced legal services budget (budget reduced by 12.5%)

Signed, 
The SSMU Executive Committee

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