BC reduces capital allowance for NWCC
February 8, 2010
BC-based Northwest Community College's annual capital allowance will be reduced by 74%, according to a community update from college president Stephanie Forsyth. "This is a significant reduction for a college that is struggling to maintain 40-year-old buildings." Instead of a fund of $824,696, NWCC's annual capital allowance for 2010-11 has been reduced to $214,297. This cutback follows last summer's reduction of more than $200,000. The College of New Caledonia will see its annual capital allowance and operating grant funding reduced next year, resulting in over $1 million in cuts. NWCC President's Update to the College Community (page 3 of PDF)
