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BUDGET OVERVIEW 2012-2013

BUDGET OVERVIEW 2012-2013. FAITH IN YOUR CHILD. Toronto Catholic District School Board. Multi Year Strategic Plan (MYSP). Living Our Catholic Values - to apply Catholic Social Teaching to all that we do .

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BUDGET OVERVIEW 2012-2013

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  1. BUDGET OVERVIEW 2012-2013 FAITH IN YOURCHILD

  2. Toronto Catholic District School Board

  3. Multi Year Strategic Plan (MYSP) Living Our Catholic Values- toapply Catholic Social Teaching to all that we do. Student achievement and well being-To support our students in meeting the Ontario Catholic School Graduate Expectations, the ability to apply critical and innovative thinking in all subjects and also to create equitable learning environment for all students. Strengthening Public Confidence-To create enhanced, regular communications that reach all stakeholders and to create and implement a proactive community engagement strategy. Stewardship of Resources-To establish integrated decision-making structures and processes to support responsive and responsible allocation of Resources and to ensure fiscal responsibility at all levels of the organization. Inspired and Motivated Employees-To create a learning and work environment that is equitable and diverse, that supports professional learning, innovation and Collaboration. Excellence in Governance– To lead and model best practices in Board governance.

  4. Purpose of the Presentation • To explain how Toronto Catholic District School Board receives Grants from the Ministry. • To outline the board budget preparation process and key elements & timelines. • A financial Overview of how TCDSB’s spending compares to the funding formula.

  5. Grants for Student Needs 2012-13 (GSNs)

  6. Budget Allocations

  7. Limited Budget Flexibility for Expenditures

  8. Primary Class Size Progress

  9. Funding per Pupils versus Enrolment

  10. Special Education Grant

  11. Special Education Allocation

  12. Special Education Allocation

  13. Special Education -Comparisons

  14. What is the GSN? • The Grants for Student Needs (GSN), also known as “the funding formula”, is the regulatory vehicle the Province uses to determine the annual funding allocation for each district school board. • Each school board’s GSN allocation comes from two sources: • Education Property Tax: collected by the municipalities with rates set by the Ministry of Finance; and • School Board Operating Grant (SBOG): funding provided to boards by the Province to cover the difference between the property tax collected and the total allocation as determined by the GSN funding formula. SBOG makes up 68% of funding to boards, while property taxes account for 32%. Prior to the Province assuming responsibility for setting education property taxes (1997), these percentages were reversed. • In addition to the GSN, funding for Education Programs(EPO) Other is provided to boards to support specific projects and programs (e.g., Student Success).

  15. Grant Structure Overview: 2012–13 • The GSN is made up of 17 grants. • Foundation Grants cover the basic costs of an educational experience that is common to all students. • 1.Pupil Foundation Grant • 2.School Foundation Grant • Special Purpose Grants address the unique needs of students, schools, and school boards. • 3. Special Education Grant • 4. Language Grant • 5. First Nations, Métis, and Inuit Education Supplement • 6. Geographic Circumstances Grant • 7. Learning Opportunities Grant • 8. Safe Schools Supplement • 9. Program Enhancement Grant • 10. Continuing Education and Other Programs Grant • 11. Cost Adjustment and Teacher Qualifications and Experience Grant. • 12.Student Transportation Grant • 13.Declining Enrolment Adjustment • 14.School Board Administration and Governance Grant. • 15.School Facility Operations and Renewal Grant • Debt Service provides funding to cover the costs of capital debt incurred prior to August 2010. • 16. Interest Expense • 17. Non-Permanently Financed Capital Debt

  16. TCDSB’s Reporting Cycle Consultation Timelines-March GSN Announcement & Start Budget Consultation with Monkey surveys and material posted on website. April-Develop Draft Budget and presented to CASPPC May-Public presentation and to the Board June-Final Board approval and submitted to Ministry thru' EFIS.

  17. ACCUMULATED DEFICT/SURPLUS

  18. TCDSB’S CHALLENGES • The Current Programs or Staffing Cost pressures not fully funded by GSNs: • Special Education • Phase out of program Enhancement Grant in 2012-13 ($1,958,950) • Continuing Investment in 21st century Learning • International languages • Transportation

  19. TCDSB’S CHALLENGES ( cont’d) • The Current Programs or Staffing Cost pressures not fully funded by GSNs: • Full Day Early Learning • Junior Literacy Intervention (JLI)/5th Block • GSN Pressures on collective Agreement as PDT expires this August 2012. • Under-Utilized School Strategy- Changes in incentive to small/or school starting 2013-14. • 4 year High School Program- Cap of 34 credits starting in 2013-14

  20. TCDSB Consultation Feedback Options • Survey Monkey (under development) • Will be available at: www.tcdsb.org • 2. Hard copy Survey form (under development) • 3. E-mail Budget Feedback and Comments • at budget@tcdsb.org (Available) • 4. Deadline for submissions • ( May 15, 2012).

  21. TCDSB Budget Consultation • QUESTIONS

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