Budget Introduction - Bruce-Grey Catholic District School ... · PSAB/Reporting Entity Project Reading Recovery Reading Strategy Kincardine Safe Equitable and Inclusive Schools Safe

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Budget Introduction

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Contents

Objective of the Budgeting Process1

Review of Current Financial Position2

Challenges3

Process & Timelines4

Budget Objectives

To link the Board’s Strategic Direction and The Budget

Mission

Core Values

Vision

Strategic Direction


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BGCDSB – Mission Statement

Committed to a vibrant Catholic education, we ensure quality learning experiences through community partnerships that:

Nurture each student body, mind and Spirit;

Embrace the teachings of Christ, giving witness to Gospel values.


We Believe . . .

Our Catholic Faith

In being Christ-centred in all that we do, ensuring that Catholic values and teachings are woven through every dimension of the students’ learning experience, giving particular focus to social justice and living a faith-filled life.

Striving for Excellence

In the constant striving for excellence in everything we do through continuous improvement strategies and being progressive and future-oriented in our planning and change management approaches.

Each Child is a Gift from God

Each child is a gift from God and has the potential to grow, to develop and to contribute. Each person is worthy of our respect, is to be included and is to be treated fairly and with dignity.


We Believe . . .

Value of Staff and Volunteers

Our staff and volunteers are our most important resource. It is through their commitment and dedication that Catholic students can deepen the practice of their faith and realize their individual potential.

In Partnerships and Collaboration

In the importance of collaborative strategies and partnerships that have the capacity to bring all the community’s resources together to support the learning and development of each student.

In Accountability

In being accountable to our stakeholders for the resources that we use, the decisions that we make and the outcomes that we achieve.


Strategic Plan February 2008Areas of Effort

Sustain and grow the life and strength of Catholic education

Quality and timely Board communications

Effective and vibrant learning environments

Innovative and progressive organizational culture.


Budget Strategy

Compliance Balanced Budget Funding Envelopes Legislation/Regulation-Primary Class Size etc

Allocate resources to achieve the desired outcomes as articulated in our belief statements and SMART goals

Equity Fairness with respect to programs and services delivered to students. (Source: Education For All)

Staffing that honours collective agreements using established guidelines as a starting point.

Share/communicate openly Plan for instruction now and into the future.

Core Values: What we believe in

Mission: Why we exist

Vision: Word picture of the future

Strategy: Areas of Effort - Specific

activities/game plan

Translate

Strategy

Into

Objectives

Or SMART Goals

Align

And

Develop

initiatives

Allocate

Resources

(budget)

Report

And

Monitor

results

Develop

Measures

And

targets

S

T

A

K

E

H

O

L

D

E

R

I

N

P

U

T

FinancialCustomerInternal

Processes

Employee

Learning

And

Growth

Balanced Scorecard:


Current Financial Position

Externally

Restricted Reserves

$ 2,401,530

Internally Restricted

Reserves

$ 2,493,033

Working Reserve

Funds

$ 962,224

TOTAL $ 5,856,787

August 31, 2008

R

E

S

E

R

V

E

S



Payment in Lieu of

Assets & Liabilities

to French Catholic

Board # 63

$ 863,754

Good Places to

Learn

$ 205,788

St. Mary’s 2008-09

Addition – including

site purchase

$ 464,676

TOTAL $ 1,534,218

August 31, 2008

U

N

F

I

N

A

N

C

E

D



Good Places to

Learn – 2006$910,700 @ 4.56%

For 25 years

Payments covered

100% by GSN

$ 880,166

Good Places to

Learn – 2007

$464,350 @ 4.90% For

25 years Payments

covered 100% by GSN

$ 464,350

TOTAL $ 1,344,516

August 31, 2008

D

E

B

E

N

T

U

R

E

S


School Utilization - Capacity verses Enrolment

0

1

2

3

4

5

0 - 25% 25 - 50 % 50 - 80 % 80 - 100 % > 100 %

0 0

5

4

2

Elem Sec

12%

88%

Vacant Spaces Enrolment

50-80% Chepstow, Mildmay, Port Elgin, Kincardineand Teeswater

80-100% St. Basil’s, Hanover, Mother Teresa, Notre Dame

> 100% Durham, Formosa

80-100% Sacred Heart High School

>100% St. Mary’s High School


Primary Class Size Key Statistics

0

20

40

60

80

100

120

2003

-04

2004

-05

2005

-06

2006

-07

2007

-08

2008

-09

% Primary Over 23

% Primary Classes 23 and Under

% Primary Classes 20 and Under


Grade 4 to 8 - Size Key Statistics

23.5

22.3

22.8

22.622.4

21.7

20.5

21.0

21.5

22.0

22.5

23.0

23.5

24.0

20

03-0

4

20

04-0

5

20

05-0

6

20

06-0

7

2007-0

8

20

08-0

9

Gr 4-8 Average Class Size


Bruce-Grey Catholic District School BoardEnrolment

0

500

1000

1500

2000

2500

3000

3500

4000

4500

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998-9

9

1999-0

0

2000-0

1

2001-0

2

2002-0

3

2003-0

4

2004-0

5

2005-0

6

2006-0

7

2007-0

8

2008-0

9

2009-1

0

2010-1

1

2011-1

2

2012-1

3

Actual FTE Projected FTE


Staffing Trends verses Enrolment Trends

360

365

370

375

380

385

390

395

400

405

410

3500

3520

3540

3560

3580

3600

3620

3640

3660

3680

3700

3720

3740

3760

2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09

Enrolment Total Staff

Specially Funded Projects 2008-09

FNIM Special Project(s)

French Monitor

FSL Renewal Funding

Healthy Schools

Improving Achievement 7-12 Math

Improving Boys' Reading/Writing Funding

Investment in School Libraries

Just Math

Learning Resources

Mentoring of New Leaders

MISA

MISA Special Projects

Music Fest

New Teacher Induction NTIP Funding

North WRAP

OFIP

Ontario Psychological Association

OYAP

Parent Involvement Funding

Parents Reaching Out


Aboriginal Alternative Education

Additional Qualification "AQ"

Applause Breakfast

Autism Training

Bullying Prevention

Celebrate Catholic Education Mass

Character Education

CODE - Aboriginal (PE)

CODE - Spec.Ed. PD Activity

Curriculum Writing

Daily Physical Activity

Differentiated Instruction in Action

Early Literacy

Eco Schools

Effective Schools

First Nation Self ID

First Time Full Time Conference

FNIM from the GSN

Parents Reaching OutPrincipal SupportPSAB/Reporting Entity ProjectReading RecoveryReading Strategy KincardineSafe Equitable and Inclusive SchoolsSafe Schools FundingSchool College WorkSchools Helping SchoolsSecondary Lighthouse Project-Abor.Consult.Senior Team Staff DevelopmentSouth WRAPSpecialist High Skills MajorStrat.Plan: Organizational CultureStrat.Plan-CatholicityStrat.Plan-CommunicationStrat.Plan-Effective Learning EnvironmentStudent Success - One Time FundingStudent VoiceSummer Experience ProjectTeacher Performance AppraisalThinking TogetherTLLP # 1TLLP # 2TLLP # 3TLLP # 4Tutors in the Classroom



Budget 2008-09: Approved June 17, 2008

Revised Budget: December 9, 2008

Capital Projects – St. Mary’s High School, Owen Sound and St. Peter & St. Paul’s Durham

Specially Funded Projects (EPO)- ongoing

Compliant with legislative requirements

Challenges

Economy: (Source – CBC News – From Files of the Canadian Press)

The Bank of Canada also threw out its January forecast that predicted a contraction of 1.2 per cent this year, followed by growth of 3.8 per cent next year.

The bank now says the recession in Canada will be deeper than anticipated, with the economy projected to contract by 3.0 per cent in 2009. The bank now expects the recovery to be delayed until the fourth quarter and to be more gradual.

The bank's new forecast sees the economy growing by 2.5 per cent in 2010 and 4.7 per cent in 2011.

"In an environment of continued high uncertainty, the global recession has intensified and become more synchronous since the bank's January monetary policy report update, with weaker-than-expected activity in all major economies," the bank said in Tuesday's announcement.

"Deteriorating credit conditions have spread quickly through trade, financial, and confidence channels," the bank said, adding that measures taken by the G20 to bolster the global financial system have taken longer to enact than expected.


CBC News. " Bank of Canada cuts key interest rate to

0.25%.” 21 April 2009 Canadian Broadcasting

Corporation. 23 April 2009

<http://owl.english.purdue.edu/owl/resource/557/01/>.

March 2008

CPI 2.2% January 2008

includes gasoline (which increased 20.9% since January 2007)

Oil tops $109 a barrel (March 11, 2008)

Canadian Dollar 100.61 cents US (March 11, 2008)

Bank of Canada Rate 3.5 % (March 4, 2008)

RBC Prime Rate 5.25 % (March 5, 2008)

March 2009

CPI 1.1% January 2009

Includes gasoline (which was 23.5% lower than January 2008)

Oil tops $40 a barrel (March 2009)

Canadian Dollar 81 cents US (April 2009)

Bank of Canada Rate .25 % (April 21, 2009)

RBC Prime Rate 2.25 % (April 21, 2009)


Economy – key stats

Challenges

GSN Reductions

Upcoming Operational Reviews of all 72 school boards• Financial management, Facility management, Staffing practices

Class Size Targets

Fiscal Challenges for many of our Community Partners

Labour Agreements – new requirements

St. Mary’s High School – “prohibitive to repair” project complete

Awaiting Priority Capital Announcement– St. Peter’s & St. Paul’s Durham

Declining Enrolment and its impact on opportunities for students, programs, facilities etc

Specially Funded Projects

Improvements in Financial Management

Modernizing Procurement Practices

Transportation Consortium -Awaiting recommendations from the E & E Review



Bruce-Grey Process

Step One:

Calculate Revenue

Update Draft 2009-10 Revenue projections Based on GSN Release of March 20, 2009

Based on revised enrolment projections from Principal

Step Two:

Calculate, Refine Adjust Expenditures:

Reflective of Areas of Effort

Reflective of Desired/measurable outcomes

Reflective of Ministry requirements


Process

Step Three:

Balancing Act Revenue > or = Expenditures

Step Four:

Approval

Target Date for Budget Approval June 22, 2009 Board Meeting


Process

Step Five: Communication/Collaboration:

Initiatives/Programs reviewed at regular Board meetings during the year

Budget sessions held during regular Board meetings

Budget information posted to the Board Website: www.bgcdsb.org

Employee Groups as part of liaison meetings

Principal/Administration regular meeting

Administration/Management regular meeting

Special Education Advisory Committee (SEAC)

District School Council meeting

Maintenance Tour of Schools involving school staff & parents.

http://www.bgcdsb.org/

Tells us what you think

To provide input or feedback on the budget, please contact

Superintendent of Business at (519)-364-0605 Ext. 230 or email [email protected]

Financial Analysts at (519-364-0605 Ext. 223 or email [email protected]


mailto:[email protected]

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Budget Introduction - Bruce-Grey Catholic District School ... · PSAB/Reporting Entity Project Reading Recovery Reading Strategy Kincardine Safe Equitable and Inclusive Schools Safe