Major Recurring Reasons for Funding Shortfalls Cost increases, such as salary and employee benefit increases, not funded by the Province Cost increases, such as salary and employee benefit increases, not funded by the Province Inflation on goods and services Inflation on goods and services Fixed facility-related, school and district administration costs that do not vary with small changes in enrolment Fixed facility-related, school and district administration costs that do not vary with small changes in enrolment
2012/2013 Projected Operating Budget Shortfall Estimate ($ millions) June 2011Initial estimate(14.13) March 2012Estimate revised largely due to Provincial funding announced December 2011 and March 2012 (6.23) April 2012Estimate further revised due to Provincial funding announced April 2, 2012 (4.68)
2012/2013 Projected Operating Budget Shortfall ($millions) Salary and Employee Benefits Changes$ (5.44) Inflation(1.16) Enrolment Change(2.28) One-Time Items*5.83 Ministry of Education Operating Grant Changes(1.11) Strong Start(0.22) PST Transition Impact(0.25) Manager of Climate Action(0.12) Other0.07 Total Projected Funding Shortfall $ (4.68) * Mostly one-time provincial holdback funds and strike savings in 2011/2012
2012/2013 Base Budget Operating Revenue ($millions) Provincial grants: $ Fees, rentals, other revenue: $24.50 Prior Year Operating Surplus: $7.88 Total revenue: $491.02
2012/2013 Base Operating Budget Expenditure ($millions) Total expenditure: $ Salaries: $ Employee benefits: $95.54 Supplies & Services: $35.78 Reduction of unfunded liability and interfund transfers: $1.86 Instruction: $ District Administration: $12.59 Building Operations and Maintenance: $60.11 Transportation: $2.66 Other: $1.89
2012/2013 Base Budget Projection Staffing by Type - FTE
Projected Local Capital Reserve Fund Balance ($millions) 2011/ /2013 Opening Balance as at July 1*$4.31$4.36 Revenue1.16 Expenditure Property expenses (0.16) Provisions for the Implementation of 10/11 Budget Decisions (0.95) Total Revenue and Expense(0.05)(1.00) Closing Balance as at June 30$4.36$5.36
Operating Budget Three Year Projection ($millions)
Budget Proposals Summary (in millions) FTE$ Estimated Budget Shortfall(4.68) Resource Allocation Review Proposals Impact of Bill 22* Adoption of a Local School Calendar1.00 Proposed Additional Expenditures(8.0)(1.09) Operating Surplus (Deficit) Additional Provincial Funding Available6.87 * However, $6.87 million in additional funding available under the Education Plan and the Learning Improvement Fund will result in significant additional teaching and other staff positions beyond those proposed to achieve a balanced budget. This will offset the proposed reduction of 19 FTE.
Budget Proposals (in millions) Resource Allocation Review ProposalsFTE$ Consolidated Purchasing(2.0)0.85 Cafeteria Rental Revenue0.15 Banking and Investment0.40 Printing and Copying0.15 VOIP0.05 Adult Education Continuing Education Employee Wellness0.25 IB/AP0.13 International Education(7.3)0.21 TOTAL Resource Allocation Review Proposals
Budget Proposals (in millions) FTE$ Impact of Bill 22*Staffing schools in a manner that is consistent with the new legislation which eliminates district-wide class-size averages FTE$ Local School CalendarAdoption of a Local School Calendar with 10 district closure days 1.00 * However, $6.87 million in additional funding available under the Education Plan and the Learning Improvement Fund will result in significant additional teaching and other staff positions beyond those proposed to achieve a balanced budget. This will offset the proposed reduction of 19 FTE.
Budget Proposals (in millions) Proposed Additional ExpendituresFTE$ Records Management(0.10) District Principal Specialty Programs(1.0)(0.15) Elementary School Principals(1.0)(0.14) Secondary School Vice-Principals(1.0)(0.13) Learning Technology Teacher Mentor(2.0)(0.20) Research and Initiatives Coordinator(1.0)(0.12) District Programs Staffing(1.0)(0.16) Early Intervention(1.0)(0.09) Total Proposed Additional Expenditures(8.0)$ (1.09)
Additional Provincial Funding $ millions Education Plan Supplement1.10 Learning Improvement Fund5.77 Total Additional Provincial Funding6.87
Key dates April 17Stakeholder Consultation on Preliminary Budget Proposals April 19Public Consultation on Preliminary Budget Proposals April 24Public Presentation of Revised 2012/2013 Budget Proposals April 25Public & Stakeholder Consultations on the Revised Budget Proposals April 30Final Deliberations and Approval of 2012/2013 Preliminary Budget