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Balancing the 2018-2019 Operating Budget Ward Forum Presentation
March 2018
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Introduction Introduction of Staff; Brief outline of Presentation:
Budget Timeline; Operating vs. capital budgets; Budget assumptions and risks; Enrolment projections and financial forecast; and School-based staff allocation. Next Steps; and Questions.
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Budget & Multi-Year Strategic Plan Timelines
January 2018: Presented enrolment trends and financial outlook; and Communication Plan. February 2018: Financial Facts; Start of Ward Forums; Updates to Budget Website; and Draft Multi-Year Strategic Plan presented to Committee. 6 March 2018: School Based Staffing; On-line Survey; and Staff working on Information package and website to support Multi-Year Strategic Plan.
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Budget & Multi-Year Strategic Plan Timelines
April 2018: Approval of status quo budget; Grant for Student Needs (GSN) release and analysis of impact; Consultation with stakeholders on Multi-Year Strategic Plan: Ward forums; Webcasts; TDSB Connects; Community Advisory Committees; School Councils; and Student Senate.
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Budget & Multi-Year Strategic Plan Timelines
May 2018: Consultation closing (May 1st) on the Multi-Year Strategic Plan; Report finalized based on feedback; and Final Multi-Year Strategic Plan presented to Committee. June 2018: Final Report presented to Board for Approval.
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Operating vs. Capital Budgets
Operating budget (April) and capital plan & budget (May/June); The operating budget represents the TDSB’s annual expenditure plan, supporting student learning and board operations; and The capital budget is a plan for addressing growth and retrofitting school facilities.
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Budget Forecast
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Budget The budget for is balanced based on enrolment projections; The budget being presented will be a status quo budget based on budget, updated for enrolments; In April, the Board will vote on the full operating budget for the school year (depending on release date of GSN); and The goal of approving a budget in April is to provide a complete financial plan and to allow for all the academic curriculum and materials to be in place well in advance of the start of the school year.
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Budget Assumptions Projected enrolment:
Number of classes and teachers adjusted to enrolment. Provincial grants based on funding model and announced changes; Inflationary adjustments for facilities costs of utilities; and Labour contract settlements funded through current funding model or additional funding.
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Budget Risks Enrolment projections to actuals;
Provincial grant changes; Inflation assumptions; and Unanticipated events (e.g. weather, public health, labour disruption, government policy changes, legal etc. ).
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Enrolment Projections
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School-Based Staff Allocation
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School-Based Staff Allocation Process
School-Based Staffing School-Based Staff Allocation Process Represents approximately 65% of Board budget; The critical path for school-based staff allocation includes: Finalization of school-based staffing in early-March; and, Allocation of school-based teachers and support staff to schools in mid-March. These timelines are necessary to provide sufficient time to comply with collective agreements (i.e. school organization model and declaration of surplus).
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Guiding Principles for the Staff Allocation Process
School-Based Staffing Guiding Principles for the Staff Allocation Process Student enrolment (the primary driver of staff allocation for most categories); Board decisions; Collective agreements; Legislation and regulations; and Changing Ministry of Education program requirements.
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Operating Budget – Next Steps
Community budget information sessions throughout February and March; Online Survey: Proposed balanced budget to Board April 2018 (a status quo budget based on ); Analysis and reporting on impact of GSN announcement; Multi-year proposed capital budget to Board end of May/June; and Development of a Multi-Year Strategic Plan for Board approval.
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Questions?
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