• Repairs and maintenance - J$184M or 45% increase YoY • Staff costs - J$551M or 4.4% increase YoY These increases were partially offset by reductions in: • Rental and fees - J$224M or 21.5% decrease YoY • Utility expenses including LNG - J$389M or 28% decrease YoY The Consolidated deficit for the year of J$217M was a decrease of J$916M over the 2021 consolidated deficit of J$1.1B after pension expenses of J$988M and depreciation of J$860M. This deficit was an improvement of J$916M or 81% over 2021’s deficit. This is the third consecutive year that the Mona Campus was able to reduce its deficit. Expenditure Statement The Consolidated expenditure for the Mona Campus is incurred in the four (4) broad categories of Administration, Departments, Central Expenditure and Other Projects. Total consolidated expenditure excluding finance charge and depreciation for the reporting period was J$17.7 billion. Looking Ahead The 2021-2022 financial period, showed that further efficiencies could be found despite the constraints of
the global pandemic and the economic head winds of uncertainty and inflation. In the new financial year, the Mona Campus is preparing for continued infection surges due to new variants, an economic downturn driven by global issues such as the price of fuel, the war in Ukraine, and a decline in global economic growth trends. The Campus is therefore looking to continue to consolidate more operations, while actively pursuing commercial activities within the current economic reality. The Mona Campus is also preparing to participate in major changes to its cost structure - which is heavily weighted toward staff costs and manual systems - as the Campus participates in the digital transformation and shared service model of the One UWI projects. 7.2 CAMPUS INITIATIVES Public Private Partnerships (PPP) Student Housing Partner: 138 Student Living Jamaica Limited 1 38 Student Living Jamaica Ltd., for the past eight years, has been The UWI Mona’s sole partner for the management, operation and maintenance of the Leslie Robinson, Irvine and George Alleyne Halls, as well as the Gerald Lalor Flats. The effects of the
COVID-19 pandemic experienced between March 2020 and July 2022, challenged the established business model for the partnership, and created an overall occupancy reduction of approximately 70% at the stated housing facilities. The Campus and 138 SL (the Parties) therefore took strategic steps to improve and maintain the occupancy levels. For example, a few traditional Halls were temporarily closed, while 138-operated Halls remained open. Discounted accommodation rates were also on offer to students. While the results of the aforementioned efforts were stymied by governmental COVID-19 protocols, they served to reduce the Campus’ liability to the partner which resulted from the 90% occupancy guarantee. The Campus’ reopening for face-to-face operations has also significantly improved occupancy levels. As at October 2022 the minimum occupancy level achieved was 88.66% at the Leslie Robinson Hall, indicating a return to pre-COVID-19 occupancy levels. While 138 SL has been successful at delivering most of the promised amenities to students, there are areas for improvement. The University however continues to work with 138 SL, to have lingering operational issues rectified in a sustainable and timely manner. Water Plant Partner: North Star Development (Water) Jamaica Limited (NSDJ) The Campus for the past six years, has partnered with North Star Development Jamaica Limited (NSDJ) to manage, operate and maintain a well water extraction, treatment and supply plant at The UWI Mona Campus. The operation of the plant provides the Campus with a significantly improved water source at sufficient volumes to satisfy fluctuating seasonal demands. The reduced Campus population resulting from the pandemic, led to a decline in the daily average volume of water consumed from 730,000 imperial gallons in 2019 to 575,000 imperial gallons in 2022. Since the Campus’ return to face-to- face operations, a gradual increase in the Campus population has caused a 20% increase in water consumed with an average daily consumption of 693,000 imperial gallons. At the time of this Report, the Campus’ water demand did not return to its pre-pandemic levels as unrestricted supplies were sufficient to meet the Campus’ peak consumption levels with little to no management.
of water supplied to the metropolitan area, supply to the Campus was sustained throughout the year from the Campus’ source. The continuous monitoring of the water plant by the Campus and NSDJ Ltd., facilitated quick responses to operational challenges and served to improve the system’s reliability. This partnership continues to provide the Campus with financial benefits and a sustainable source of potable water to allow unimpeded operations. Other benefits to the Campus include: • Improved communication between the Campus and its water utility provider; • Quick response times to system failures; • Improved quality of water resource; • Improved resilience to the effects of Climate Change. Cogeneration Plant – Partner: Pelican Power Limited The reduced Campus population also contributed to a 35% reduction in the Campus’ energy demand between 2019 and 2020. During 2021 and 2022 as the COVID-19 protocols were being relaxed and activities on the Campus increased, there was an average 6% increase in the Campus’ monthly energy consumption. While the reduced population served to stabilise operational expenditure, it prevented the optimal operation of various plant equipment. A number of measures were taken by Campus management and the operations team, to reduce plant inefficiencies where possible. Special attention was paid to the plant’s fuel consumption since its unit cost increased due to logistical challenges and geopolitical instability in Europe. The partnership between New Fortress Energy and the Campus yielded positive results as the Campus was able to maintain its fuel supply despite the challenges faced. The UWI Mona sustained the power plant’s operation as an energy self-generator, and completed the connection of its exhaust system to heat absorption chillers; this resulted in the establishment of a one of its kind Cogeneration Plant facility in Jamaica. A number of students from the Faculty of Engineering have so far benefitted from internships with Mona- Tech Engineering Services Limited, which operates the Cogeneration Plant. University personnel have also received training in the Plants’ operation,
Consolidated FY2022 Expenditure by Type
Despite the annual drought period which customarily results in the National Water Commission’s restriction
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