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District Budget

FALL UPDATE TO THE 2016-2017 BUDGET

At the November 29, 2016 Board meeting, Trustees formally received the Fall Update to the Revised 2016-2017 Budget, which is based on student enrolment as of September 30, 2016.

HIGHLIGHTS

The fall update reflects:

  • total expenses of $1.161 billion, including accessing $60.8 million of the District’s accumulated operating surplus
  • an increase of 3,284 students, for a total of 95,642 students (as of September 30, 2016 compared to September 30, 2015)
  • by finding efficiencies and reducing expenses not covered by the Province, the District has been able to charge $355,000 less in fees compared to last year, even though enrolment has increased by 3.6 percent
  • the new carbon tax comes into effect on January 1, 2017, and is expected to have the biggest impact on District utilities and student transportation, with an anticipated cost of $1.2 million in 2017 and $1.8 million in 2018
  • spending on system administration and Board governance is 3.1% of the total budget, which is less than the 3.6% cap set by the Province

Audited Financial Statements

Review the District's 2015-2016 Audited Financial Statements.

PAST YEARS BUDGETS, PLANS AND RESULTS

Find previous years' budgets, plans and results:

MORE ABOUT PLANS, BUDGETS AND RESULTS REVIEWS

Plans

Each school and central department develop a plan that aligns with District plans and strategies. School plans include initiatives that address the District’s priorities in support of student learning. Central department plans include initiatives that address the District’s priorities through the support they provide to schools. For more information, please contact your school principal or a department administrator.

Budgets

We prepare a budget and submit it to Alberta Education each spring for the upcoming school year. In the fall, we submit an updated budget that reflects September 30 enrolment counts. Each school and central department prepares a revised budget to reflect current staffing, they way they plan to use any surplus funds carried over from the last school year, and other assumptions made in the spring budget. 

Results Reviews

Results reviews highlight achievement results, the implications of those results for the next school year and a financial summary of each school or central department as of August 31. These documents are part of the District's obligation to publicly report on the successes and challenges we face when providing quality education for students, our use of public funds and our schools’ and central departments’ yearly achievement results. The District is responsible for interpreting and reporting results to parents, students, Alberta Education and the public and using the results to improve the quality and effectiveness of programming. For more information please contact your school principal or a department administrator.