Aug 31 Janet Baird-Jackson Presentation

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Aug 31 Janet Baird-Jackson Presentation

  1. 1. Orientationto Finance
  2. 2. Background - The Funding Model Intent to create a fair funding model which treats all students equally Introduced with the 1998/99 school (and fiscal) year Major government review in 2003 through Education Equality Task Force Selected component reviews through 2010
  3. 3. Background - The Funding Model Ongoing refinements to various areas:  Special Education  Declining Enrolment  Student Success
  4. 4. Background - The Funding Model Substantial committee and external consultant work to develop/refine funding mechanism  Transportation  DecliningEnrolment  Special Education
  5. 5. Key government concepts in Funding Model Province funds education from general revenues  exchange of services paid between province and municipalities No access by school boards to the local tax base Municipal tax rates for education funding set by Province
  6. 6. Key government concepts in Funding Model intent to focus funding on the students in the classroom: “… eliminate waste and duplication in areas outside the classroom, such as the costs of administration and the education bureaucracy…”
  7. 7. Key government concepts in Funding Model Spending must follow „envelopes‟  classroom / non-classroom  Special Education  Facilities Renewal  Administration and Governance
  8. 8. Key government concepts in Funding Model Technically, board can have in-year deficit:  Less than 1% of operating revenue, and  Sufficient unrestricted accumulated surplus to cover Beyond 1%:  Work-out plan filed, with timeline  meetings with Ministry staff  Supervisor may be appointed
  9. 9. How Ministry Revenues Flow
  10. 10. Pupil Foundation Grant Intended to provide the „base‟ level of funding Supports those components required by, and generally common to, all students A Per Pupil amount – same for every full-time equivalent (FTE) student
  11. 11. School Foundation Grant Created fiscal 2006-07 Intended to provide for the „base‟ level of administration support in schools:  Principal  Portionof vice principal  Secretary A fixed amount plus some per pupil amount based on enrolment breakpoints
  12. 12. Special Purpose Grants Build on the Pupil Foundation and School Foundation Grants Board specific or Program specific initiatives Recognizes differences Differing Per Pupil amounts
  13. 13. Special Purpose Grants Grants include:  Special Education  Language  Geographic Circumstances  Learning Opportunities  Continuing Education and Other Programs  Teacher Qualifications and Experience  Transportation  Declining Enrolment Adjustment  Administration and Governance
  14. 14. Expenditure analysis a brief overview
  15. 15. Expenditures No provincial requirement for boards to align their spending to the individual components within the classroom and non-classroom categories
  16. 16. Enrolment in Avon Maitland Enrolment at grant dates (only!) which counts…  October 31  March 31  and historically, enrolment shrinks from opening day to these count dates Enrolment decline projected to continue for the forseeable future
  17. 17. Enrolment History Net 2010-11 2011-12 ChangeElementary 9,628.80 9,459.50 (169.30)Secondary 6,378.56 6,133.58 (244.98) 16,007.36 15,593.08 (414.28)
  18. 18. Expenditure Priorities - elementary  Focuson Student Assessment & Evaluation  Elementary curriculum implementation  focuson literacy and numeracy across the curriculum  Resources for students and teachers  Primary language initiatives  Citizenship – character attributes  School Effectiveness initiatives  Student Success  subject co-ordinators working with teachers to improve EQAO results
  19. 19. Expenditure Priorities - secondary  Focus on Student Assessment & Evaluation  Secondary teaching strategy development  Student Success  Pathways to Work  Secondary High Skills Majors  School College Work Initiative  resources for students and teachers  Citizenship – character attributes  Co-ordinators working with teachers to improve EQAO results
  20. 20. Expenditure challenges Enrolment decline ! A shrinking revenue stream... We haven‟t the ability to shrink our expenditures as quickly as revenues decline Offset only in part by Declining Enrolment Grant Meant decisions to focus fixed dollars on priorities - curriculum for kids
  21. 21. Expenditures by Program
  22. 22. On the Horizon… Continued enrolment decline ! Continued shrinking revenue stream... Need for  FurtherDeclining Enrolment Grant fine-tuning  ELP funding reflecting small schools  E-Learning strategy and funding Ability to consolidate? Configuration of Schools (e.g. 7 – 12) Competition
  23. 23. Questions?

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