CDSBEO Trustees approve budget for 2020-2021

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The Catholic District School Board of Eastern Ontario’s Board of Trustees has approved an operating budget for the 2020-2021 school year, with operating and capital grant revenue estimated at $189.9 and other revenues estimated at $4.4 million, for a total revenue for compliance of $194.3 million. Salaries and benefits are expected to cost the board $147.1 million and other operating expenditures at $35.4 million.

All expenditure areas were carefully reviewed for efficiencies and to ensure excellence in Catholic program delivery for students across Eastern Ontario.

“The Board is required to present a balanced budget for compliance to the Ministry of Education. The 2020-2021 budget is compliant with all enveloping provisions,” explained Manager of Finance, Ashley Hutchinson.

“I would like to thank our Manager of Finance, Ashley Hutchinson, and our Associate Director of Education, Bonnie Norton and the Finance Department for all of their work in preparing the budget,” noted Director of Education, John Cameron. “We recognize the hard work of your team in calculating this information, and in continuing to ensure the Board’s ongoing fiscal accountability.”

“I echo Director Cameron. Certainly, this year, in light of the unusual circumstances, there has been additional pressures in completing this budget within the given timelines and we appreciate all of your hard work,” concluded Chair, Todd Lalonde.

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