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2007/2008 Budget Upper Canada District School Board. Presentation to Upper Canada District School Board June 20, 2007. Agenda. System Drivers Where We Were Where We Are 2007/2008 Budget Issues/Pressures within a Deficit Recovery Plan. System Drivers - Impact of Elementary Enrolments.
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2007/2008 Budget Upper Canada District School Board Presentation to Upper Canada District School Board June 20, 2007
Agenda • System Drivers • Where We Were • Where We Are • 2007/2008 Budget Issues/Pressures within a Deficit Recovery Plan
System Drivers - Impact of Elementary Enrolments Actual Projected
System Drivers - Impact of Secondary Enrolments Actual Projected
System Drivers - Impact of Projected Enrolment Decline on UCDSB School Capacity
Accumulated UCDSB Surplus / (Deficit): From 2004/2005 to 2006/2007 $2.0 $1.0 $0.0 ($1.0) ($2.0) $'s in Millions ($3.0) ($4.0) ($5.0) ($6.0) ($7.0) 2004/2005 Actual 2005/2006 Actual 2006/2007 Projected 2005/2006 Actual In- 2006/2007 Budgeted In- Accumulated Surplus Accumulated Surplus Accumulated Surplus Year Surplus / (Deficit) Year Surplus / (Deficit) * / (Deficit) / (Deficit) / (Deficit) ** (5.5) 0.9 (4.6) 2.0 (2.6) Regular Program (0.6) (4.8) (5.4) (1.3) (6.7) Special Education (6.1) (3.9) (9.9) 0.7 (9.2) Total UCDSB * Based on 06/07 Original Estimates ** As of Nov.13/06 Where We Were Financial Situation
Where We Are EQAO CREW year 3 CREW year 2 CREW year 1
Where We Are EQAO CREW year 1 CREW year 3 CREW year 2
Where We Are EQAO CREW year 1 CREW year 2 CREW year 3
Where We Are EQAO CREW year 3 CREW year 2 CREW year 1
2007/2008 Budget Issues/Pressures within a Deficit Recovery Plan Must Consider: • Provincial Goals and Realities • Strategic Plan - CREW • Ongoing and Emerging Board Issues • Special Education Funding and Expenditures • Balancing the major “Opposing Forces” • Continuing financial challenge in 2008/2009, 2009/2010 and 2010/2011
Provincial Goals and Realities • EQAO • 75% of students achieving at Levels 3 & 4 by 2007 • Primary Class Size (PCS) • 90% of all Primary Class Sizes at or below 20 with all primary classes at or below 23 by 2007/2008 • Graduation Rates • 80% of all students graduating by 2010 • Capital/Prohibitive to Repair Schools • Limits on funds • Election – October 2007
Ongoing and Emerging Board Issues • 1000 x 1000 Conversations – Strategic review • Boundary 2020 – Program Review • Capacity Building – Increasing our Skills • Capital/Prohibitive to Repair Schools – Investing in infrastructure • Character Education – It’s all about character • Dashboard Metrics – Using data to track progress • Deficit Management– Watching the bottom line
Ongoing and Emerging Board Issues • Declining Enrolment – Is a driving on-going change • First Nations – Provincial financial support for our partners from Akwesasne Mohawk Board of Education • French Programs - Dual track and Core schools • Michelangelo Project – Helping Students Succeed • Operational Reviews of Boards by the Ministry – Provincial Quality Control • Wellness – Work Life Balance • Reading Recovery Program– Critical for Early Success
Ongoing and Emerging Board Issues • Special Education – Helping every Student • School Improvement – Every School’s Goal • Small School Summits – Becoming a Leader in Small Schools • Supervision Time (Elementary) - To assist with our focus on Learning • Transportation Consortium – Direction Established by the Ministry • Wells – Complying with Government Standards
Special EducationFunding vs Expenditures * Tuition Fees related to Special Education excluded
Balancing the Major Opposing Forces • Revenue Limitations • Addresses Provincial Goals • Primary Class Sizes • Supervision Issues (Elementary) • Other Collective Agreement requirements • Reading Recovery Program • Small and Dual Track Schools
Financial Target 2007/2008 Projected Revenue $ 310.0 million Projected Expenses $ 308.5 million Projected In-Year Surplus $ 1.5 million
