1. Budget Presentation Trustee Chris Glover Etobicoke Centre

2. Lots of Good Things Happening ► ► Ontario’s students rank top 3 in reading in the world ► ► In top 10 in math ► ► Student nutrition program supported by community partners like Rotary ► ► Model Schools Program

4. Agenda 1. 1. TDSB Operating Budget 2. 2. TDSB Capital Budget

5. Operations Vs Capital

6. Operations

7. The province continually says, “funding is up, enrolment is down”.

8. But ► $110 million shortfall

9. Gross funding is up, net funding is down All of the additional funding and more goes to ► Class Cap ► Full Day Kindergarten ► Literacy and Numeracy Initiatives ► Staff pay increases ► Inflation

10. In fact: ► Net Funding down $450/student/year between 1998 and 2009 (Mackenzie 2009) ► In high school of 1,000 kids = $450,000 yr

11. In fact shortfall keeps growing ► $33 million in Jan 2011 ► $55 million March 2011 ► $85 million Sept 2011 ► $110 million March 2012

12. Why this increase? ► For 2012/13 school year, gross funding down $12 million ► No money to address inflation ► Required to open 303 Full day Kindergarten classes and pay for them out of existing revenue

13. 2013 - 2014 ► Top up grant to be cut 2014/15 = up to $33 million (likely $5 million) ► $10 million in-year savings from operational review ► Annual $25 million additional shortfall added in March ► Total shortfall $30 - $90 million

14. Capital

17. ► ► Two Good Reports on Capital Issues: Capital Funding for Schools Enid Slack Rebuilding Our Schools for Health, Safety, and Cutting Edge 21 st Century Learning Sheila Penny

20. Funding Sources ► ► Debentures ► ► Capital Levy on Property Taxes ► ► Education Development Charges ► ► Provincial Grants ► ► Closing and Selling Schools (small and/or underused) ► ► Selling portions of school yards

21. Solutions Close and Sell Schools? Enrolment is starting to grow

22. How do we count student spaces? ► ► Under-enrolled by 71,000 students, Toronto schools face tough choices The Star April 1 st With a staggering 71,000 fewer students than the province says it has room for, the Toronto District School Board faces having to close the rough equivalent of 171 schools now that Queen’s Park no longer will help pay to keep under-used schools open.

25. Education Development Charges ► ► Collected by Toronto Catholic Board ► ► Charge per unit $544.00 ► ► Non-residential charge per square foot $0.58 City of Toronto website

26. Education Development Charge ► ► 288,000 units x $544 = ► ► $157 million

27. Playground Severances ► ► Investigating severing and selling 100 acres of yards from operating schools (2 acres each x 50 schools) ► ► 1 acre = approximately $1 million ► ► Goal to raise $100 million for capital repairs

29. And then just to make things interesting....

30. Facilities Department Mess ► $140 pencil sharpener, $3,000 electrical socket ► Nelson Mandela ► Permit Fee increase – 3 days notification of 800% increase ► School Grounds selloff

31. Board Actions 1) 1 year ago brought in new Facilities Director 2) Has fired several staff for skipping work 3) Reorganized billing to track excessive amounts electronically 4) Investigating Mandela 5) CUSAC working with permit holders to develop recommendations for the board

32. We are fixing the facilities department and dealing with operational and capital funding shortfalls at the same time.