1 20 01 12 2/ /2 20 01 13 3 2 AN NN NU UA AL L A BU UD DG GE ET T B PR RE ES SE EN NT TA AT TI IO ON N P March 28, 2012 Greater Victoria School District 1
1 Mission Statement The Greater Victoria School District is committed to each student’s success in learning within a responsive and safe environment. 2012/13 Projected Students 18,821 FTE Educators 1,159 Non-Teaching Staff 809 Number of Schools 47 Operating Budget $171M 2
School District Sources of Revenue 2011-12 Greater Victoria Picture 2011-12 Provincial Picture Provincial Grants 89.8% Provincial Grants 95.1% Miscellaneous Revenue 5.2% Miscellaneous Revenue 3.9% Operating Surplus 5.0% Operating Surplus 1.0% 3
1 Comparison of Funding and Cost Per Student FTE 10000 8000 6000 4000 2000 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 Operating Grant Per Pupil Cost Per Pupil 4
1 2012/2013 Annual Budget - Other Grants, Fees and Revenue 2011/12 Annual 2012/13 Annual Budget Budget Other Ministry of Education Grants: Reduction for Local Education Agreements (LEA) -984,054 -1,072,119 Pay Equity 2,896,617 2,896,617 Education Guarantee 101,336 French Program Grants 393,484 0 TOTAL OTHER MINISTRY OF EDUCATION GRANTS 2,306,047 1,925,834 Other Fees and Revenues: Summer School Fees 75,830 61,660 Continuing Education Fees 141,800 115,800 Offshore/Out-of-Province Tuition Fees 7,033,805 7,863,871 LEA/Direct Funding from First Nations 984,054 1,072,119 Miscellaneous Revenues 114,179 110,214 Community Use of Facilities 1,289,243 1,289,243 Investment Revenue 250,000 250,000 TOTAL OTHER FEES AND REVENUES 9,888,911 10,762,907 TOTAL OTHER GRANTS, FEES AND REVENUE $ 12,194,958 $ 12,688,741 5
1 2012/2013 ANNUAL OPERATING BUDGET ASSUMPTIONS ASSUMPTIONS USED TO PREPARE THE 2012/2013 ANNUAL OPERATING BUDGET: 1. i) The 2012/2013 projected school-aged enrolment of 18,573 FTE has been used to prepare the annual operating budget. This represents a decrease of 190 FTE as compared to the September 30, 2011 funded school-aged enrolment. ii) The 2012/2013 projected adult enrolment is 248 FTE. iii) The total projected 2012/2013 school-aged and adult enrolment is 18,821 FTE. 2. The 2012/2013 Annual Operating Budget has been prepared to include the following adjustments: - the incremental cost of salary grid/step adjustments. - provision for statutory and contractual obligation rate increases (i.e. Pension, EHB, Dental, Utilities) - no provision for inflation for supplies has been included. 3 No change to the formulae for the staffing allocations for: clerical, custodial, supervision and administrative support. 6
1 2012/2013 ANNUAL OPERATING BUDGET SUMMARY 2011/2012 2011/2012 2012/2013 Annual Budget Final Annual Budget September 30 BASED ON PROJECTED FTE ENROLMENT OF: Elementary/Secondary (school-aged) 19,117 18,763 18,573 Adult Students (non-graduated) 257 232 248 Total Funded Enrolment 19,374 18,995 18,821 2011/2012 2012/2013 REVENUE Annual Budget Annual Budget Provincial Government Grant $ 151,433,321 $ 149,324,800 Supplement for the Education Plan 372,466 Other Grants, Fees and Revenue 12,194,958 12,688,741 TOTAL OPERATING REVENUE $ 163,628,279 $ 162,386,007 EXPENDITURE Salaries and Benefits $ 154,418,706 $ 153,297,184 Supplement for the Education Plan $ 372,466 Supplies and Services 17,848,573 17,005,816 TOTAL OPERATING EXPENDITURE $ 172,267,279 $ 170,675,466 OPERATING BUDGET SURPLUS / (DEFICIT) $ (8,639,000) $ (8,289,459) Budgeted Prior Year Operating Surplus Appropriation 8,639,000 8,639,000 $ - $ 349,541 NET OPERATING BUDGET SURPLUS / (DEFICIT) 7
1 2012-2013 Operating Budget Shortfall 2012/2013 Structural Deficit ($8,289) Projected 2011/2012 One-Time Carry Forward Funding $8,639 2012/2013 Budget Surplus $350 8
PROPOSED BUDGET OPTION Class Size and Composition $349,541 A motion is currently on the table for budget debate night that the $349,541 be held to provide support for issues relating to class size and composition. 9
1 Budget Meeting Dates Wednesday, February 1, 2012 at 7:00 p.m. At SJ Willis Auditorium, 923 Topaz Avenue Round Table Meeting to discuss priorities and to receive input on budget items. Wednesday, March 28, 2012 at 7:00 p.m. At the Board Office, Tolmie Board Room, 556 Boleskine Road Public Board Budget Meeting to present the 2012/2013 budget Wednesday, April 4 , 2012 at 7:00 p.m. At SJ Willis Auditorium, 923 Topaz Avenue An opportunity for members of the public to address the Board with respect to the proposed budget. Monday, April 16 , 2012 at 7:00 p.m. At the Board Office, Tolmie Board Room, 556 Boleskine Road Special Board Meeting for debate and Budget Approval 10
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