Board to run $1.8M deficit
A deficit of $1.8 million is forecast in the 2018-2019 budget adopted last week by the Upper Canada District School Board.
The budget includes $370.4 million in operating expenses and outlines $44.8 million in capital expenses.
The UCDSB will receive supplemental funds to better prepare students and staff for the realities faced in today’s classroom environment.
Some of the key investments focus on Ministry of Education initiatives such as addressing wait lists for assessments and increasing services in special education, mental health workers in schools, preparing for success in high school in relation to grades 7 and 8 students, and expanding the experiential learning component of the Highly Skilled Workforce Strategy.
Superintendent of Business Robert Backstrom presented to trustees a detailed account of what senior staff identified to be various budget pressures earlier in the spring, and how staff have addressed these matters in the proposed budget while ensuring ministry compliance requirements were achieved. The budget continues to fully support student learning and achievement while ensuring sound financial stewardship.
Chair Jeff McMillan stressed that student programming remains a priority under the new budget, and will continue to serve as a key factor in all Board decisions.