Budget plan for ST approved

The Aarhus University Board has approved a budget plan until 2019. Implementation at Science and Technology commences after the summer holidays.

2016.06.15 | Niels Chr. Nielsen

ST Dean Niels Christian Nielsen. Photo: Lars Kruse, AU Communikcation.

ST Dean Niels Christian Nielsen. Photo: Lars Kruse, AU Communication.

The total budget plan for the university has now been approved by the Board, and this means that the faculty and departments can embark on detailed planning and implementation of ST’s overall budget plan for 2017–19. This work will be launched at ST after the summer holidays.

As previously mentioned, the 2016 Finance Act – and compliance with the Study Progress Reform and configuration of degree programmes with effect from 2016 – is a challenge for ST’s bottom-line figures of approximately DKK 150 million up to 2019. This amount is divided into approximately DKK 65 million for education and approximately DKK 85 million for research. The education area is affected by a 2% reprioritisation contribution, the Study Progress Reform, and configuration of degree programmes, while the research area is affected by savings on public councils and foundations.

To accommodate these new challenges, ST has been working on its budget plan since autumn 2015. This has been a participatory process, where employees, departments/centres and the faculty have contributed with proposals for increased revenue opportunities and cost savings via management groups, forums and councils. The suggestions provided a valuable basis for preparing ST’s proposal to the budget plan, which was subsequently processed by the Senior Management Team, and a total budget plan for AU has now been approved by the Board.

The new challenges mean that as of 2016 and up to 2019, ST must reduce its expenses by approximately DKK 35 million at the departments/centres/faculty and by approximately DKK 25 million in the construction area, while approximately DKK 90 million must initially be found by restricting the faculty’s strategic investments, co-financing and hedging.

With the approved budget plan, we can ensure the faculty’s finances for the coming period, at the same time as focusing on the exploitation and implementation of the new strategy plans at the departments and the faculty. The plan will help to ensure that ST becomes more economically competitive so that we can continue to develop the faculty’s core services.

Kind regards

Dean Niels Chr. Nielsen

Read also: The Board approves the budget plan and strategic investments (in Danish only).

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