The continuation of high levels of research funding and its contribution to a net financial surplus for the Lincoln University Group in 2006 is one of the highlights of the latest Lincoln University Annual Report which has now been published and circulated.
The Annual Report is a formal statement of institutional performance and stands as a yearly record of achievements and outcomes. It documents Lincoln University’s position against its strategic objectives over a 12-month period and provides associated financial statements.
In his introduction to the 2006 Annual Report, the Vice-Chancellor Professor Roger Field, says he is delighted to report, as he did in 2005 and the preceding year, that another net financial surplus for the University Group has been achieved.
“Contributing to the surplus was a continuation of high levels of research funding,” he says. “Such funding has grown significantly in recent years and reflects the excellent performance of Lincoln University researchers and the confidence that national funding organisations have in them.
“Confidence in Lincoln University has also been expressed by the New Zealand Universities Academic Audit Unit, which carried out an audit on-campus during the year. The Unit’s report commended the University in a number of ways, noting its commitment to strong academic outcomes and the commitment of staff to the University’s goals. The report had particular praise for the strong fit between teaching aims and outcomes.”
On the capital development side the Report notes that 2006 was significant for the start of Stage Two of the redevelopment of the George Forbes Memorial Library in Ivey Hall, completing work begun in summer 2005/2006. This redevelopment, now finished, has given Lincoln students space, facilities and technology resources that are of the highest standard.
The team responsible for producing the Annual Report is led by the University’s Legal Advisor, Grantley Judge. This is the fourth Annual Report that he has overseen.