Over the past few years, the education sector has been presented with unprecedented challenges and funding pressures. It is also expected that elementary and secondary student enrolment in the region will decline next year. With student enrolment as the main driver of funding for the school board, this will result in lost revenue. The HDSB has budgeted for a $7.7 million deficit in the current year and is required by regulation to eliminate this deficit next school year (2024-2025). We are looking to identify savings and efficiencies to meet the regulatory requirement to balance our budget, while continuing to make investments in strategic priorities.
As we try to eliminate this deficit to balance our budget,
we need your input to help us understand how we can minimize impact and achieve our financial goals.
The budget development process aligns the allocation of resources to the HDSB’s strategic priorities, as identified in the 2020-2024
and the annual operating plan. How school boards are funded:
The HDSB receives the majority of its funding from the province through Grants for Student Needs. Most of this funding is restricted by mandated class sizes and staffing ratios, while other areas are designated by the Ministry to fund specific areas. The main areas where funding is restricted to specific use include: special education, student mental health, indigenous education, transportation, temporary accommodations and capital funding. Learn more about how school boards receive funding by visiting the
Ministry of Education webpage
The 2024-2025 budget process and timelines are summarized below, and details will be added to the
Budget and Financial Information webpage
as information becomes available: