Revised budget estimates: Higher enrolment results in more funding

Revised budget estimates were presented to trustees at the regular meeting of Rainbow District School Board on Tuesday, February 24, 2015.

Higher enrolment for the 2014-2015 school year has resulted in an additional $1.6 million in provincial revenue.

Actual enrolment at October 31st, 2014 totalled 13,787 students -  294 more than anticipated. Enrolment was up in both the elementary and secondary panels as well as the Adult Day School.

When all expenditures and funding adjustments are taken into account, the Board has a projected year-end surplus of $615,000.

 “While we continue to experience declining enrolment, the overall loss has not been as great as we had anticipated for the second consecutive school year,” said Rainbow District School Board Chair Doreen Dewar. “Once again, this will help to mitigate the overall impact of the declining enrolment that has occurred over the past decade due to fewer school age children.”

Chair Dewar commended trustees and staff for their prudent planning and thanked students and parents/guardians for supporting Rainbow Schools. “We are proud of the excellence in education that we deliver and will continue to ensure that all students have access to the best programming possible in quality school facilities.”

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Media Contact:

Nicole Charette, Senior Advisor,
Corporate Communications and Strategic Planning,
Rainbow District School Board, 705-674-3171, ext. 7217.