Trustees draw on re­serves to bal­ance bud­get

Min­istry of Ed­u­ca­tion must OK move

The Lindsay Post - - PAGE TWO - DAVE FLA­HERTY Lind­say Post Re­porter dave.fla­herty@sun­media.ca

The Tril­lium Lakelands Dis­trict School Board ( TLDSB) plans to draw $ 4.234 mil­lion from an ac­cu­mu­lated sur­plus to bal­ance its 2013-2014 bud­get.

The board of­fi­cially passed the bud­get at its fi­nal meet­ing of this school year on Tues­day, June 11.

The bud­get es­ti­mates $ 202,953,069 in ex­penses and also fore­casts a rev­enues of $198,719,069.

To cover the short­fall, the TLDSB will draw $4.234 mil­lion from its ac­cu­mu­lated sur­plus.

Be­cause this bal­ance ex­ceeds 1% of op­er­at­ing grants for the year, the TLDSB was re­ceive ap­proval from the Min­istry of Ed­u­ca­tion for its bud­get.

Th­ese fig­ures are down slightly from $ 205,214,872 in ex­penses and $ 200,480,832 in the 2012-13 bud­get.

The fol­low­ing is a list of es­ti­mated ex­penses by cat­e­gory.

Ele­men­tar y schools ( text­books, con­sum­able sup­plies, in­struc­tional equip­ment and ser vices) - $3,429,006

Sec­ondary schools ( text­books, con­sum­able sup­plies, in­struc­tional equip­ment and ser­vices) $4,264,934

Pro­gram depart­ment - $2,544,640

Stu­dents ser­vices pro­grams - $1,860,500

In­for­ma­tion ser vices - $3,043,028

Al­ter­na­tive ed­u­ca­tion cen­tre - $392,000

School op­er­a­tions and main­te­nance $20,336,400 School re­newal - $2,908,363 School con­di­tion im­prove­ment - $1,775,040 Trans­porta­tion $16,023,000 Gov­er­nance - $178,400 Board ad­min­is­tra­tion - $5,045,404

Long-term debt and in­ter­est - $1,832,652

Staff de­vel­op­ment - $969,670

Bud­get de­lib­er­a­tions be­gan on May 14, and was shown to trustees, se­nior ad­min­is­tra­tion and the TLDSB's spe­cial ed­u­ca­tion ad­vi­sory com­mit­tee.

School board bud­gets must be ap­proved by June 28.

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