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Ministry of Education Revised Estimates 2008-09: Simulation Document. PUT TITLE HERE. Information Session for School Board Finance Staff and External Auditors Transfer Payments & Financial Reporting Branch Fall 2008. Presentation Objectives.

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  1. Ministry of Education Revised Estimates 2008-09: Simulation Document PUT TITLE HERE Information Session for School Board Finance Staff and External Auditors Transfer Payments & Financial Reporting Branch Fall 2008

  2. Presentation Objectives • Provides an overview and instructions on how to use the EFIS form and the excel files to calculate the potential funding adjustment.

  3. Overview of the Provincial Discussion Table (PDT) agreement • While further PDT agreements are being concluded, the government has amended the GSN funding regulations to provide a 2 per cent increase in salary benchmark, starting September 2008. • September to December cash flows are also being adjusted • Result is all boards will have cash flow to pay 3% increases.

  4. Overview of the Provincial Discussion Table (PDT) agreement • School Board are not required to resubmit the 2008-09 Estimates to reflect the 2 per cent GSN increase and cash flow change • The ministry will automatically adjust each school board’s 2008-09 estimates for the 2 per cent and cash flow adjustment through EFIS. • Will be reflected in the September payment

  5. Revised Estimates 2008-09 • The full implementation of the PDT agreement will be reflected in school Boards’ 2008-09 Revised Estimates • These are due December 12, 2008 • Revised Estimates will be based on 3% benchmark increase plus enhancements • assuming all bargaining units will have a collective agreement in compliance with PDT requirements by Nov 30, 2008 • However, boards will need to calculate an adjustment for any bargaining units that does not have a collective agreement in compliance with PDT by Nov 30, 2008. • The adjustment will affect all increases related to the groups that do not have agreements.

  6. Main changes in Simulation Doc and the revised estimates 2008-09 • There are a few places in the revised estimates that will be used in determining the adjustments for those bargaining units that do not have agreements: • Section1 • Section 1A • Data form B • Data form C • Data Form D

  7. Overview of Process to Determine Adjustment • Create a regular EFIS Revised Estimates Submission, including Appendix C, using the 3% doc set • Create another EFIS Revised Estimates Submission, including Appendix C, with a 2% doc set • “toggle” provided to recalculate based on 2% • Adjust appendix B and C for lower revenues • Reconcile appendix D to Section 1 • Reopen 3% doc set, and input 2% doc set values in Section 1A

  8. Overview of Process to Determine Adjustment • Complete staffing form for each bargaining unit • Reconcile to Appendix H • Info from the professional development and training tab values input in section 1A • For the adjustment on the other enhancement, answer yes or no to the questions.

  9. Steps for completion • Step 1: Create an EFIS submission (3% submission) using the doc set and input all data as normally required for an EFIS submission • Step 2: Input Excel App C ( 3% App C) file data using its defaulted settings to this EFIS Submission • Step 3: Create a copy from the 3% submission. • Step 4: On section 1A-1% salary benchmarks page select Yes to change the submission to use 2% benchmark • Step 5: Make a copy of the 3% Excel App C and change that to 2% andInput the Excel App C in the 2% EFIS submission

  10. Steps for completion (Cont’d) • Step 6: Check Data form B & C • Step 7: Check that Data form D reconcile with Section 1 allocation • Step 8: Print Data form D • Step 9: Open the 3% submission and go to Section 1A and input under the 2% column from the printed copy of Data form D of the 2% submission • Step 10: We need to input the staffing template information. • Step 11: For the other enhancements, input the information from the professional Development & training tab of the staffing template. • Step 12: For the adjustment on the other enhancement, answer yes or No to the questions.

  11. Contact Information • Finance Officer - Firstname.lastname@ontario.ca SANJAY CHITAPAIN JANE COLLINS DAVID CORKETT CHERYL DALRYMPLE GREG FIORIDO VINOD GUREWAN TIM KIELMAN BRENDA SHAW LISA TARINI2 DAVID WRIGHT2

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