0.6 C
Fort St. John
Monday, October 21, 2019
9924 101 ave Fort St. John, B.C.
Home News School District approved $77.4 million budget for 2018-2019

School District approved $77.4 million budget for 2018-2019

FORT ST. JOHN, B.C. – The School Board met Monday and approved a $77.4 million budget for the 2018-2019 school year.

$65.4 million will be used for operating expenses such as teacher’s salaries and benefits, support staff, and administrators, $9 million has been budgeted for supplies and services.

The district predicts an increase in enrollment next year with 94 new students, as well they expect to receive $69.8 million in grants from the Ministry of Education. 98 percent of the District’s funding comes through the Ministry of Education, with the other two percent coming through federal grants, rentals/leases, international tuition, and investment outcomes.

The budget expects a $736,000 surplus, $350,000 in tangible assets, as well as $3.5 million in its capital fund.

$8.1 million was allocated into the districts purpose fund, which includes $4 million from the provinces enhancement fund to hire teachers.

The budget must be submitted be approved and submitted to the Provincial Government by the end of June.

get the latest news in your inbox


Local Events

Must Read

People’s Party founder Maxime Bernier defeated in Quebec riding of Beauce

BEAUCEVILLE, Que. — Maxime Bernier vowed his People's Party of Canada would come back "stronger than ever," even as he conceded defeat in his own...