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K Colleg LO DO
Founded I 829
the College
ewsletter
The 1992-93 ccount and the trateglc
Plan DO'Uid Ball, Deputy College Secretary (Planning and Resources) reports on t/ze accounts for t/ze year w/ziclz ended on 3 J July J993 and t/ze College's performance in lerms oft/ze Stralegic Plan.
T
he) 992-93 financial year how the College's performance in the first full year of operation of the long-term tratcgic Plan, adopted in March) 992. This Plan, which aims to achieve a financially robust academic environment of high quality research, scholar hip and teaching, arose from the College' respon e to a combination of factor. These factors were related mainly to national policies affecting higher education in general, and to student growth at a lower teaching unit of re ource, and increasingly elective allocation of funds for basic research in particular. They left the College facing the prospect of a growing imbalance between its future income and expenditure: a situation which, if not redressed, would rapidly have led to severe financial difficultie . Continued on Page 2
T/ze Arc/zbis/zop ofCanterbury, Dr George Carry, is congratulaled by Sir James Spoon", Cltairman ofCouncil, on receiving Itis Presentation FellOffÂťsltip at tlte College's Presentation Ceremony, on Monday J 7 January. page I