Cash reserves meant to offset operational deficits went towards some “unjustified” costs, union exec says

By Tom Yun, The Varsity, Published: 3:07 am, 12 September 2016, Modified: 3:09 am, 12 September 2016 under News

Photo: Nathan Chan/The Varsity

With the projected opening date for the much-anticipated Student Commons in about a year’s time, the University of Toronto Students’ Union (UTSU) is forecasting approximately $300,000 in operational deficits within the first year of its opening.

The plans for a student-run centre on UTSG has been in the works since 2007, when students voted in favour of implementing a levy to fund the construction of the Student Commons. The location at 100 Devonshire Place, which is currently home to the Goldring Centre for High Performance, was originally chosen for the Student Commons. The site for the Student Commons was later moved to 230 College Street, where the John H. Daniels Faculty of Architecture, Landscape, and Design is currently located.

Read more at The Varsity.