Preliminary Budget

Proposals2012 - 2013

Overview

Budget Overview

Preliminary Budget Proposals

Key Dates

Major Recurring Reasons for Funding Shortfalls

Cost increases, such as salary and employee benefit increases, not funded by the Province

Inflation on goods and services

Fixed facility-related, school and district administration costs that do not vary with small changes in enrolment

2012/2013 Projected Operating Budget Shortfall

Estimate($ millions)

June 2011 Initial estimate (14.13)

March 2012 Estimate revised largely due to Provincial funding announced December 2011 and March 2012

(6.23)

April 2012 Estimate further revised due to Provincial funding announced April 2, 2012

(4.68)

2012/2013 Projected Operating Budget Shortfall ($millions)

Salary and Employee Benefits Changes$

(5.44)

Inflation (1.16)

Enrolment Change (2.28)

One-Time Items* 5.83

Ministry of Education Operating Grant Changes (1.11)

Strong Start (0.22)

PST Transition Impact (0.25)

Manager of Climate Action (0.12)

Other 0.07

Total Projected Funding Shortfall $ (4.68)

* Mostly one-time provincial holdback funds and strike savings in 2011/2012

2012/2013 Base Budget Operating Revenue ($millions)

Provincial grants: $458.64 Fees, rentals, other revenue: $24.50 Prior Year Operating Surplus: $7.88

Total revenue: $491.02

Pro-vin-cial

Grants

$458.64

(93.4%)

Fees, Rent-als, and

Other Rev-enue

$24.5

0 (5.0%

)

Prior Year Op-erat-ing

Sur-plus

$7.88 (1.6%

)

2012/2013 Base Operating Budget Expenditure ($millions)

In-struc-tion

$418.45

(84.5%)

District Administration $12.59 (2.5%)

Building Operations and Maintenance $60.11 (12.1%)

Transportation $2.66 (0.5%)

Other$1.89(0.4%)

Salaries$362.52(73.1%)

Employee Benefits$95.54 (19.3%)

Services and Supplies$35.78 (7.2%)

Reduction of Unfunded Li-ability and Interfund Trans-

fers$1.86(0.4%)

Total expenditure: $495.70

Salaries: $362.52 Employee benefits: $95.54 Supplies & Services: $35.78 Reduction of unfunded liability and

interfund transfers: $1.86

Instruction: $418.50 District Administration: $12.59 Building Operations and Maintenance: $60.11 Transportation: $2.66 Other: $1.89

Teachers; 3029.91; 54%

ALC ; 107.02; 2%

CUPE 15; 1253.41; 23%

IUOE; 716.15; 13%

CUPE 407 and Trades; 161; 3%

School Administrators; 185.44; 3% Excluded Staff; 111.29; 2%

2012/2013 Base Budget Projection Staffing by Type -

FTE

Projected Local Capital Reserve Fund Balance ($millions)

2011/2012 2012/2013

Opening Balance as at July 1* $4.31 $4.36

Revenue 1.16 1.16

Expenditure

Property expenses (0.16) (0.16)

Provisions for the Implementation of 10/11 Budget Decisions

(0.95)

Total Revenue and Expense (0.05) (1.00)

Closing Balance as at June 30 $4.36 $5.36

Operating Budget Three Year Projection

($millions)2012/2013 2013/2014 2014/2015

-25.00

-20.00

-15.00

-10.00

-5.00

0.00 -4.68

-20.06

-7.50

Budget Proposals Summary (in millions)

FTE $

Estimated Budget Shortfall (4.68)

Resource Allocation Review Proposals 4.8 3.43

Impact of Bill 22* 19 1.35

Adoption of a Local School Calendar 1.00

Proposed Additional Expenditures (8.0) (1.09)

Operating Surplus (Deficit) 15.8 0.00

Additional Provincial Funding Available 6.87

* However, $6.87 million in additional funding available under the Education Plan and the Learning Improvement Fund will result in significant additional teaching and other staff positions beyond those proposed to achieve a balanced budget. This will offset the proposed reduction of 19 FTE.

Budget Proposals (in millions)

Resource Allocation Review Proposals FTE $

Consolidated Purchasing (2.0) 0.85

Cafeteria 2.0 0.50

Rental Revenue 0.15

Banking and Investment 0.40

Printing and Copying 0.15

VOIP 0.05

Adult Education 5.5 0.49

Continuing Education 6.6 0.25

Employee Wellness 0.25

IB/AP 0.13

International Education (7.3) 0.21

TOTAL Resource Allocation Review Proposals 4.8 3.43

Budget Proposals (in millions)

FTE $

Impact of Bill 22* • Staffing schools in a manner that is consistent with the new legislation which eliminates district-wide class-size averages

19 1.35

FTE $

Local School Calendar • Adoption of a Local School Calendar with 10 district closure days

1.00

* However, $6.87 million in additional funding available under the Education Plan and the Learning Improvement Fund will result in significant additional teaching and other staff positions beyond those proposed to achieve a balanced budget. This will offset the proposed reduction of 19 FTE.

Budget Proposals (in millions)

Proposed Additional Expenditures FTE $

Records Management (0.10)

District Principal Specialty Programs (1.0) (0.15)

Elementary School Principals (1.0) (0.14)

Secondary School Vice-Principals (1.0) (0.13)

Learning Technology Teacher Mentor (2.0) (0.20)

Research and Initiatives Coordinator (1.0) (0.12)

District Programs Staffing (1.0) (0.16)

Early Intervention (1.0) (0.09)

Total Proposed Additional Expenditures (8.0) $ (1.09)

Additional Provincial Funding

$ millions

Education Plan Supplement 1.10

Learning Improvement Fund 5.77

Total Additional Provincial Funding 6.87

Key dates

April 17 Stakeholder Consultation on Preliminary Budget Proposals

April 19 Public Consultation on Preliminary Budget Proposals

April 24 Public Presentation of Revised 2012/2013 Budget Proposals

April 25 Public & Stakeholder Consultations on the Revised Budget Proposals

April 30 Final Deliberations and Approval of 2012/2013 Preliminary Budget