The first quarter scorecard has been released for Lethbridge College 2015-2016 and the college is on track and right where it needs to be going, says Paula Burns, the college’s president.

The Balanced Scorecard Institute describes the scorecard as a strategic planning and management system, which helps businesses run according to the vision and strategy of the organization.

The college implemented the scorecard three years ago and Burns believes it’s been beneficial overall.

“It’s provided us an opportunity to focus on things that we need to improve on and gives us direction on how we can achieve our high level goals so we can continue to excel at being a post secondary institution,” said Burns.

According to Gayle Weeks, Executive Director of Planning at the college, the scorecard is broken down into three categories: strategic, operational and people.

Strategic examines the outcome of a holistic student relationship model and looks at future academics to make sure they are serving student’s needs.

Operational focuses on finances and continues to look for ways for the college to maintain healthy profits, while building a bigger and more efficient college.

People looks to provide leadership training and building on the passions and talents of instructors and is targeted at ensuring the quality of what students are learning.

Weeks said the scorecard is a great way to measure the college’s progress.

“We look be on target, we have projects in the works and there’s definitely going be some challenges that we’ll face along the way, but overall I feel confident going forward,” said Weeks.

A huge project the college took on is the new trades and technologies facility, which stands out on the scorecard.

According to the scorecard’s projected timelines, the facility is set to be complete by June 30, 2016 with constructions cost staying below the budget of $28.5 million.

However, Weeks said it might be a challenge to achieve this year’s profit of $840,000.

“Student tuition has been frozen, we do have a little bit of on increase in grants from the government, but that only covers a small amount of our costs,” she said.

Brady Whitson, a Lethbridge College student, says although the tuition freeze may not benefit the college it definitely makes sense for the students.

“This is my first year at the college and knowing tuition fees won’t increase next year is easier to digest rather than watching my expenses increase,” she said.

For more information on what other issues the college is tackling, the scorecard is available online through the Lethbridge College website.