Changes to professional development funding

At it's March meeting, Council approved a 75% reduction in the funding available to subsidise professional development and training opportunities. This change was made necessary by the outcome of the recent dues referendum, and the need to ensure ongoing financial stability.

Although loathe to make the cut, Council recognised that PD funding is not a core activity for the Association, and cost reductions need to address peripheral areas first. For the coming year, our Executive Director is expected to make available financial assistance worth up to $15,000 per year, down from the previous minimum of $60,000 per year.

At this point, $12,500 has been committed to cyclical projects already scheduled for 2012-2013, and $2,500 will be available for member-initiated professional development activities in the current fiscal year. PD funding will be disbursed on a first-come, first-served basis. Funding applications and guidelines will soon be posted at EQUITYONLINE, and available through the national office.