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Toronto Catholic DSB

Toronto Catholic DSB. 2008-09 Preliminary Budget Status Committee of the Whole Board April 14, 2008. TCDSB 2008-09 Prelim. Budget Status. Agenda. History Impact of Enrolment Decline on 2008-09 Accumulated Deficit to 2007-08 2008-09 GSN announcement Mar 26/08

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Toronto Catholic DSB

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  1. Toronto Catholic DSB 2008-09 Preliminary Budget Status Committee of the Whole Board April 14, 2008

  2. TCDSB 2008-09 Prelim. Budget Status Agenda • History • Impact of Enrolment Decline on 2008-09 • Accumulated Deficit to 2007-08 • 2008-09 GSN announcement Mar 26/08 • Summary of 2008-09 Budget Status • Actions required to balance the 2008-09 Budget and eliminate the Accumulated Deficit • Summary of Proposed Staff and Other Reductions • Deadline (s) for Notice of Lay-off – Elementary Teachers • Conclusion

  3. TCDSB 2008-09 Prelim. Budget Status History • The Ministry’s Special Assistance Team (SAT) recommended a 3 year Deficit Management Plan which was approved by Board on December 13, 2006. • The Education Act requires all school boards to submit a balanced Original Budget • TCDSB has not been able to comply for the last 2 years and the Ministry has not officially objected only because we are in a 3 year Deficit Management Plan recommended by the Ministry’s SAT • The Ministry expects TCDSB to submit a fully balanced 2008-09 Budget including the elimination of any accumulated deficits • Accumulated deficit is primarily a one-time issue

  4. TCDSB 2008-09 Prelim. Budget Status Impact of Enrolment Decline on 2008-09

  5. TCDSB 2008-09 Prelim. Budget Status Accumulated Deficit to 2007-08

  6. TCDSB 2008-09 Prelim. Budget Status 2008-09 GSN Announcement March 26/08

  7. TCDSB 2008-09 Prelim. Budget Status Summary of 2008-09 Budget Status

  8. TCDSB 2008-09 Prelim. Budget Status Further Actions required to balance the budget and eliminate the accumulated Deficit

  9. TCDSB 2008-09 Prelim. Budget Status Summary of Proposed Staff & Other Reductions

  10. TCDSB 2008-09 Prelim. Budget Status Deadline (s) for Notice of Lay-off(Elementary Teacher Agreement, Article 8.07) • May 15 to take effect June 30 • November 30 to take effect December 31

  11. TCDSB 2008-09 Prelim. Budget Status Conclusion • Although staff has concerns regarding reductions in Program Areas and related staffing, it is expected that we will comply with the approved 3 year Deficit Management Plan which ends in 2008-09 • Factors that could reduce the impact on the Board’s budget are: - EPO grants allocated outside the GSN - Future grants such as $150M province wide Junior Intermediate, as yet unallocated, will enable the board to rescind layoff notices - Less returns from leaves and more retirements - Application for Safe Schools Grant • Cost Pressures: - Large number of small schools is a strain on Board resources - Continuing decline in enrolment - Increases in the cost of Utilities above funding - Cost of providing Transportation to our students exceeds grant - Aging technology, both hardware and software, IT infrastructure • Number of budget requests not included in the Budget due to lack of funding. These requirements have a significant impact on the system

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