At the Regular Board Meeting held on June 21, 2022, the ÄÛÑ¿ÊÓƵ (HCDSB) approved the 2022-2023 Budget Estimates in the amount of $457,770,146.
As of June 21, the Board’s estimated financial position is balanced with an in-year total accumulated surplus (deficit) available for compliance of $nil. Revenue has been estimated at $467.7 million, and total expenses have been estimated at $458.1 million.
The Board estimates an Average Daily Enrolment (ADE) of 22,839 elementary students and 13,400 secondary students for the 2022-2023 school year, representing an overall increase in student enrolment of .8%.
The 2022-2023 Budget Estimates include an increase to staffing (See Page 2, Table 2). A total of 35.3 system-wide staff positions will be added to support the 2022-2023 school year. The Budget Estimates also include a number of program enhancements and new initiatives (See Page 4, Table 3 and Table 4).
The final Budget Estimates will be submitted to the Ministry of Education by June 30, 2022.
Quick Facts
- School boards operate on a fiscal year that runs from September 1st to August 31st.
- Each year, the Ministry of Education provides funds to school boards through a series of grants. Visit the Ministry of Education’s website for more information on .
- HCDSB operates 46 elementary schools, 10 secondary schools, and 3 continuing education facilities, currently serving over 36,000 students.
- The majority of the Board’s funding allocation is based on student enrolment.
- Elementary and secondary enrolments are based on Full-Time Equivalent (FTE) enrolments for October 31st and March 31st.
- Elementary and secondary FTE enrolment values are averaged to give the annualized Average Daily Enrolment (ADE).
Background Information
Visit our website to learn more about the 2022-2023 Budget Consultation Process.&²Ô²ú²õ±è;​
