School board faces $12 million deficit
Cuts of about $12 million are being considered as the Upper Canada District School Board attempts to overcome a deficit and bring down a balanced budget next week.
A proposal presented by senior business consultant Roger Richard last week, called for $10.9 million in reductions from program support, school operations, school office administration and central office administration. Another $816,000 in possible reductions are being considered in special education.
Staff provided trustees with an assessment as to how these proposed cost reductions could impact programs and services at the school and district levels, by grouping reductions into low impact, medium impact, and high impact levels.
Trustees agreed to follow basic principles as they work to finalize the budget.
The board will maintain a balanced budget without additional cuts to begin rebuilding its reserves for the next fiscal year, while “trustees are committed to using innovative practices to address areas where the board has overspent.”
Staff will now use the budget scenario and the trustee principles to create a draft budget for June 12, with the goal of bringing in a final budget for the board’s review by June 19.