1. PRESENTATION OF THE 2018-2019 PRELIMINARY BUDGET
May 29, 2018

2. Achievement and Well-Being
Thames Valley’s preliminary operating budget is fully compliant as per Ministry requirements
The budget was developed with our Mission, Vision, and three strategic priorities currently being developed in the forefront
Relationships
Achievement and Well-Being
Equity and Diversity

3. Learning & Achievement
While aligning our financial resources, we ensured the budget supported the four key areas and objectives of our Board Improvement Plan for Student Achievement:
Learning & Achievement
Engagement and
Well-Being
Culture for Learning
Build and support leadership and instructional capacity in mathematics at all levels of the Board

4. Provincial Economic Outlook
Overall provincial enrolment is increasing slightly in both elementary and in secondary panels
Provincial funding for education for has increased to $24.5B, up from $23.9B in

5. Grants for Student Needs (GSN)
Released April 27, 2018
EFIS available April 27, 2018
GSN – Labour Framework
Funding provided to reflect the commitments in the central labour agreement extensions for
Funding for salary increases of 1.5%
Year 2 of “Local Priority Fund” investments by Ministry to support additional education workers (about 100 FTE staff at TVDSB)
Increases to funding for the provincial benefit Trusts costs

6. GSN - Benefits GSN - Class Size
Continued reduction of .167% in benefit benchmarks – elimination of retirement gratuities – seventh year of 12 year phase-out
GSN - Class Size
Funding in will support smaller classes in Kindergarten and also in grades 4 to 8

7. GSN – Additional Funding in 2018-19
New funding for multi-disciplinary Special Education staff teams
New funding to reduce waitlists for special education students’ assessments
New funding for mental health workers
Special Incidence Portion (SIP) increase to $38,016 from $27,000 per claim
Increased funding for guidance teachers for grade 7 and 8 students to engage in career and pathways planning
Increased funding in New Teacher Induction Program (NTIP)
$10M increase in ESL funding to reflect 2016 Census data to support growth in ESL/ESD programs for pupils who are not recent immigrants (formerly Pupils in Canada component)

8. GSN – Continued Funding Which Was New in 2017-18
Rural and Northern Education Fund for eligible schools to further improve education in rural and northern communities
Human Resource Transition Supplement to manage the impacts of the collective agreement extensions

9. GSN – Funding Cost Pressures
Transportation
4% increase for bus contracts, netted against surplus
Continuation of Fuel Escalation and De-escalation allocation
Full funding to hold boards harmless from declining enrolment
New funding for standardized, on-site school bus rider safety training
Utilities
Increase of 2% to non-staff benchmarks for increases in commodity prices

10. GSN – Funding Formula Reforms in 2014-15
Ministry adjusted the formula for two grants in :
Special Education High Needs Amount (HNA) now called Differentiated Special Education Needs Amount (DSENA)
Board Administration and Governance Grant (BAGG)
Impact of these modifications redistributed the provincial grant allocation dollars amongst school boards (i.e. revenue neutral for the province)
Four year phase in of new model; was year 4

11. GSN – School Board Efficiencies
and Modernization (SBEM) Introduced in
GSN focus on more efficient use of school space and reduction of excess capacity
Capital Priorities funding to support consolidations and right-sizing schools and new schools or additions, through business case submissions
School Condition Improvement - TVDSB’s allocation is $42.0M ($36.6M in , $48.9M in , $45.2M in , $7.6M in )
allocation based on assessed renewal needs
70% of funding for building components
30% of funding to address locally identified renewal needs
Greenhouse Gas Reduction Fund
TVDSB’s allocation is $4.7M ($9.1M is )
Funding to increase planning capacity for underutilized schools
TVDSB’s allocation is $198,728 (same in )
Early Years capital funding for creation of licensed child care spaces

12. GSN – SBEM Measures / Top-up Funding Formula Changes
Base Top-up Funding in School Operations and School Renewal Grants eliminated in
A portion of the savings has been reinvested in increased benchmarks for School Operations and School Renewal
Enhanced top-up funding for isolated schools only
School Renewal - $12.9M in
Funding for schools’ maintenance, repairs and capital expenditures
Includes Enhanced School Renewal Top-Up and Enhanced School Renewal
Additional investment of $40M provincially in each of and
GSN – Capital Funding

13. Accountability Enveloped
Board Administration and Governance spending must not exceed the funding for this area
Board Action Plan for Indigenous Education funding must be used to support the implementation of the 16 strategies and actions in the Ontario FNMI Education Policy Framework
Special Education grants must only be spent on special education expenditures
Student Achievement Envelope within the Learning Opportunities Grant must be used collectively on six programs, as defined by the Ministry
Program Leadership Allocation funding must be spent on six leads’ salary, benefits, travel and professional development
Class Size targets must be met in Kindergarten, Primary, Grades 4 to 8, and Secondary
School Renewal and School Condition Improvement Allocations must be primarily spent on capital expenditures

14. Summary of Enrolment Data

19. Capital Surplus
Difference between total Board supported capital spending and amount appropriated in accumulated surplus to offset future amortization expense for board-supported projects
TVDSB had a Capital Deficit for the past several years but now has established a Capital Surplus as at August 31, 2017 of $2.1M
Capital surplus/deficit is a key metric reviewed by the Ministry to determine a board’s overall financial risk

26. Preliminary Budget - Surplus/Deficit

29. Budget Approval
School Boards are required to approve a balanced budget
In-year deficit is permissible if accumulated surplus is available
Use of accumulated surplus cannot exceed lesser of:
Accumulated surplus at end of previous year
1% of Board’s operating revenue (i.e. $8.9M in )
Preliminary Budget surplus is $754,643 before consideration of proposed budget initiatives of $3,042,863 (see page of Budget Binder).
If all budget initiatives are approved to be included in the Budget, an offset from accumulated surplus will be required for $4.5M ($1.8M new budget initiatives plus $2.7M already included in the Preliminary Budget – see page 2-2 of the Budget Binder)

30. Public Input Deadline - June 5
Planning & Priorities Advisory Committee Public Input - June 12
Budget Debate & Approval - June 19
Submission to Ministry of Education - June 29
** Tonight’s presentation & supporting documentation will be available tomorrow at **

31. QUESTIONS