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6 November 17, 2014 Volume 41, Issue 10 themedium.ca
UTMSU audit shows $1.1m assets Financial statements at AGM show second year of over $200k+ surplus MARIA IQBAL NEWS EDITOR WITH NOTES FROM LUKE SAWCZAK EDITOR-IN-CHIEF
ATIKA AZHAR
expenses, such as the repairs to the Student Centre roof last year. Student Centre repair and maintenance expenses jumped from $73,000 to $228,000 in the 2013/14 fiscal year.
The Campus Affairs Committee meeting last Monday in Council Chambers discussed the upcoming UTM operating budget, residence life improvements, and food service options. Chief administrative officer Paul Donoghue and dean Amy Mullin spoke about the themes and priorities for the proposed operating budget. UTM’s projected net revenue for 2014/15 is $167 million and the main budget priorities for 2015/16 include enrolment growth, student-faculty ratio, space, and experiential learning initiatives, they said. “The outcome of all of this ensures that we have a good student experience and a lot of our budget priorities are related to the student experience in things like offering transition support, experiential learning opportunities, and increased flexibility for our student departments,” said Mullin.
AGM continued on page 2
CAC continued on page 2
The annual general meeting of UTMSU last Thursday included a packed Council Chambers, free T-shirts, birthday cake, questions about international students, financials, and the integrity of campus newspapers, and financial documents showing that UTMSU now possesses over $1.1 million cash, most of it invested. The meeting was called to order at 6:18 p.m. by former president Chris Thompson after a video presentation. UTMSU’S $219,000 SURPLUS After the minutes of last year’s AGM were approved, VP internal Bryan Chelvanaigum presented the financial statements for the fiscal year ending last April. The statements show that UTMSU had net assets of $1.1 million at the end of the fiscal year, most of which is currently in short-term investments. Some of the $219,000 surplus that
CAC talks UTM food, budget
MAHMOUD SAROUJI/THE MEDIUM
UTMSU’s AGM featured discussion on the union’s financials, campaigns, and other issues. produced this number on top of last year’s assets of $900,000 comes from the 2013 amalgamation of the Erindale Part-time Undergraduate Students’ Union. A surplus for a non-profit corporation is not desirable. When UTSU declared a slight deficit at its downtown
AGM last year, the UTSU auditor commented in relation to their financial situation, “The idea is to get to zero, not to get to a $300,000 profit.” When asked how UTMSU planned to spend the surplus, Chelvanaigum said surplus revenue goes back into operating budget to cover unforeseen
UTM marks centennial of Great War Observances include Remembrance Day ceremony and honorary lecture MALEEHA IQBAL WITH NOTES FROM MARIA IQBAL NEWS EDITOR
Ebola in West Africa
UTM commemorated Remembrance Day last Tuesday with its annual ceremony along with a lecture in honour of the 100th anniversary of the start of World War One. Students, faculty, and others gathered by the flagpole in front of Davis for UTM’s annual Remembrance Day ceremony on Tuesday. The ceremony was called to order by the manager of UTM Police Services, Rob Messacar, after participants and college officers marched in twos to the flagstaff. Principal Deep Saini made remarks near the beginning of the ceremony, praising Canada’s democracy, freedom, and equality.
Why have this discussion?
UTM Red Cross brings in a speaker to discuss myths and truths about the deadly disease. Medium News, page 3
They concede that we can record audio at their AGM, but it’s not even a debate on a reasonable premise. Medium Opinion, page 4
From unknown to known Life Rattle hosts its annual writers festival, often populated with the cream of PWC, in Toronto. Medium Arts, page 5
Make that thing sing MAHMOUD SAROUJI/THE MEDIUM
Professor Nathan Smith gave a lecture in honour of the 100-year anniversary since the start of WWI. Following these remarks, Len Paris, the previous manager of Police Services, recited “In Flanders Fields”. The “Last Post” was then played and the Canadian flag was lowered to
half-mast by the officers and members of the Erindale College Special Response Team. Professor Scott Munro played “The Lament” on his pipe while wreaths were laid in
front of the flagpole by Saini and Ulli Krull, UTM’s VP special initiatives.
Events continued on page 3
Why you should still play a musical instrument in university—even if it’s just for an audience of one. Medium Features, page 8
Third time’s the charm The Blues rugby rivalry with Skule comes to a head in another finals match, and this time, we win. Medium Sports, page 11