DSBEO FIS­CAL REPORT

Le Reflet (The News) - - ACTUALITES NEWS -

The Ca­tho­lic Dis­trict School Board of Eas­tern On­ta­rio (CDSBEO) re­cei­ved an up­da­ted fis­cal report for the 2018-2019 term costs for ope­ra­tions. Trus­tees re­cei­ved the report du­ring their De­cem­ber 18 ses­sion. The es­ti­mates in this report were sent to the Mi­nis­try of Edu­ca­tion De­cem­ber 15, the same day that the mi­nis­try is­sued a sur­prise me­mo to all school dis­tricts about a plan­ned $25 mil­lion fun­ding cut for spe­cial sup­port ser­vices, which will af­fect all schools in the pro­vince. The report trus­tees re­vie­wed es­ti­ma­ted $188.8 mil­lion in to­tal ex­pen­di­tures for the CDSBEO du­ring the current school term with a pos­sible ope­ra­ting de­fi­cit of $632,000 due to a trans­por­ta­tion rates ar­bi­tra­tion or­der dea­ling with the past three terms. The CDSBEO might have had a $1.9 mil­lion ope­ra­ting sur­plus for this term if not for the ar­bi­tra­tion or­der. Trus­tees will re­ceive fur­ther up­dates in Fe­brua­ry and May 2019, no­ting the im­pact of the sur­prise fun­ding cuts. – Gregg Cham­ber­lain

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