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News: Thursday, April 18th, 2019

Update on 2019-2020 Budget

The Abbotsford School District held two public budget meetings to review its spending plans for the 2019-2020 school year. Secretary-Treasurer Ray Velestuk presented budget information to parents and community members on March 7th and April 16th.

Student enrolment continues to be the main driver for the revenues and expenses in the school district’s budget. Staff are projecting an increase in 92 FTE students for the 2019-2020 school year. The annual budget includes additional operating grant revenues to support wage and benefit increases for all unionized employees as per Collective Agreements.

The budget objectives for 2019-2020 include:

  • Maximizing the allocation of resources to support the goals and priorities of the Strategic Plan;
  • Commit to building a strong understanding of budget information through ongoing communications;
  • Maintain a three-year budget plan to ensure funding sources can support program initiatives;
  • Maintain surplus/reserve balances to respond to emergent needs;
  • Maintain strong fiscal management policies.

During the meetings, Secretary-Treasurer also shared a few fun facts about the budget to help put into perspective the real cost of running a school district with over 19,000 students and 2,500 staff members, and 50 different building locations.

  • $990,000 is spent every school day on operating our schools;
  • The district’s commitment to energy efficiency saves $700,000 / year; and
  • On average, the district spends $100 / student on supplies.

The Board of Education will approve the budget at its June regular public meeting.

Media Contact:

Kayla Stuckart, Manager of Communications
Phone: (604) 859 – 4891 ext. 1206