Welcome to the overview of York University's Budgets and Asset Management (BAM). On this page you'll find helpful, transparent, accessible and up-to-date information about the University’s current budget and assumptions.
York University is currently operating with a five-year planning horizon for its operating budget, reflecting a strategic shift toward longer-term financial sustainability and alignment with institutional priorities. This temporary approach enables the University to better anticipate future needs, manage resources proactively and support the goals outlined in the University Academic Plan (UAP). The five-year budget framework was recently approved by the Board of Governors.
The bar chart visually compares budgeted operating revenues and expenses over six years including the actual results of 2024-25 and the budgeted revenues and expenses in the five year period of 2025-26 through 2029-30. It shows that while both revenues and expenses are projected to rise, expenses exceed revenues at the start of the five year period, indicating a structural budget gap that is being addressed and begins to offer financial sustainability in the third year and beyond.
This chart breaks down the university's actual and budgeted revenue sources from 2024-25 to 2029-30. Student fees emerge as the largest revenue contributor, followed by government operating grants and donations. The consistent pattern across years suggests stable revenue streams, while the targeted growth in revenue generated from the Forward Action Plan projects demonstrates the University’s intentions to improve its financial sustainability over this budget period.
The following Institutional level financial targets have been set and actioned from Forward Action Plan Projects.
This budget representation outlines York University's Forward Action Plan financial targets aimed at closing budget gaps. The plan sets incremental targets starting with $20 million in 2025-26, increasing to $30 million annually through 2028-29. These targets represent outcomes of 17 projects and several strategic initiatives aiming to enhance financial sustainability and ensure the University meets its fiscal goals over the medium term.
Presented here are the projected capital expenditures across various categories from 2024-25 to 2029-30. The table details allocations for major projects, academic and support services, and ancillary services. Importantly, each new major capital project will require a full business case and separate formal board approval, ensuring oversight and strategic alignment with University priorities.
This summary highlights university fund approvals and their projected expenditures over five years, showing budget allocations for faculty support, research, student services, institutional support, capital projects, and technology investments.
