Each year, the Board must prepare an annual budget, consult with the community on budget decisions, and adopt a balanced operating budget in a timely manner.  The Board's budget bylaw must be adopted on or before June 30, 2010 for the 2010/11 fiscal year.

At the beginning of the 2009/10 school year, the Board of Education identified the need to proactively address its budget concerns for the coming three years.  The need for immediate action arose from the Ministry of Education's announcement of the elimination of the Annual Facilities Grant in August 2009.  From September 2009 through May 2010, the Board consulted and held public meetings to engage its stakeholders and community members in the preparation of the 2010/11 Annual Operating Budget. 

Annual Operating Budget 2010/11

The 2010/11 Annual Operating Budget totals $137,200,342.  As required by section 111 of the School Act, the 2010/11 Annual Operating Budget balances estimated expenditures to forecasted revenues from all sources. 

At the Public Board Meeting on May 25, 2010, the Board of Education unanimously approved the Annual Operating Budget Bylaw for the fiscal year 2010/11.  As the 2010/11 fiscal year progresses, spending is monitored and the Board may make adjustments as needed and may amend its annual budget.