HCDSB Approves 2015-2016 Budget Estimates

The Halton Catholic District School Board saw an overall increase in student enrolment of 2.5% from the 2014-2015

Budget spelled out in Scrabble Letters
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At the Regular Board Meeting held on June 16, 2015, the Halton Catholic District School Board approved the 2015-2016 Budget Estimates in the amount of $361,667,264.

“Meeting the needs of our students is at the forefront of every budgetary consideration,” says Paula Dawson, Director of Education. “Staff have worked hard to achieve a balanced budget, and we are pleased with what we were able to accomplish in light of fiscal constraints and limitations.”

The Board’s 2015-2016 Budget Estimates outline an operating in-year surplus of $76,000. Revenue has been estimated at $361.7 million. Expenses have been estimated at $361.6 million.

The Board estimates an ADE* of 22,124.5 elementary students and 10,247.11 secondary students for the 2015-2016 school year, representing an overall increase in student enrolment of 2.5% from the 2014-2015 Revised Estimates projections.

The final Budget Estimates will be submitted to the Ministry of Education by June 30, 2015.

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QUICK FACTS:

  1. School boards operate on a fiscal year that runs from September 1st to August 31st.
  2. Each year the Ministry of Education provides funds to school boards through a series of grants. Click here for information on grants for this year.
  3. The Halton Catholic District School Board operates 45 elementary schools, 9 secondary schools, and 3 continuing education facilities, currently serving over 31,000 students.
  4. The majority of the Board’s funding allocation is based on student enrolment.
  5. Elementary and secondary enrolments are based on Full-Time Equivalent (FTE) enrolments for October 31st and March 31st.
  6. Elementary and Secondary FTE enrolment values are averaged to give the annualized Average Daily Enrolment* (ADE).

BACKGROUND INFORMATION:

To view the 2015-2016 Budget Estimates Report, or for more information about the 2015-2016 Budget Process, visit the Board’s website at: www.hcdsb.org​

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