Chart (B) | Is expenditure growth driven by personnel or non-personnel costs?

Growth in expenditures, personnel vs. non-personnel [2013-14 to 2023-24]
AnnualTotal
Inflation (HEPI)22.9%33%
Inflation (CPI)22.7%31%


GroupsTop 10 service areas1$ spend (2023-24)$ spend (2023-24)Annual growth rate3
Personnel
General Academic Instruction$61.0M51%1.1%
Higher Education Institutional Support$22.4M19%3.6%
Operation and Maintenance Of Plant$8.3M7%3.4%
Higher Education Student Services$7.8M7%6.6%
Nonpersonnel
General Academic Instruction$8.2M7%0.7%
Operation and Maintenance Of Plant$7.9M7%-0.5%
Higher Education Institutional Support$1.8M2%3.7%
Higher Education Student Services$1.7M1%-1.2%


1. May be less than 10 depending on institutional use of Cardinal accounting service areas.
2. Determined as growth in HEPI/CPI over the period of 2014-2024.
3. "Annual growth" calculated as compound annual growth rate (CAGR).
Note: Includes E&G programs (program code), instruction (101), education research (102), public services (103), academic support (104), student services (105), institutional support (106), and operation and maintenance of plant (107); personnel spending determined by personal services, non-personnel spending all other major objects.
Source: Cardinal