June 9, 2008 -
Trustees with the Sudbury Catholic District School Board proved successful in passing a balanced budget for the 2008-2009 school year at Tuesday night’s board meeting. The approved budget of $67,306,178 will sustain the positive momentum that has been achieved in the Board’s new initiatives and programs such as the “Learning with Laptops” program and complies with the objectives set by the Ministry of Education with respect to the reduction of class sizes in the primary classes.
The new budget allows the Board to move forward with a number of initiatives which will continue to re-enforce our Catholic identity and system priorities at all levels of the organization. Technological and academic support has also been maintained at the board and classroom level to ensure exemplary instruction and assessment for student success.
In order to arrive at a balanced budget for 2008-2009 the Sudbury Catholic District School Board projects a draw from the Reserve for Working Funds of $504,737. This draw would represent an amount equal to .8% of the Board’s Grant Revenue Allocation and falls within the Ministry of Education’s threshold criteria. The impact of the proposed draw from the Working Funds would be offset by the $608,409 that the Board identified in its 2007-2008 budget.
Catherine McCullough, Director of Education for Sudbury Catholic Schools is pleased with the budget. “I am very happy with the fact that the Board was able to bring in a balanced budget,” stated McCullough. “The new budget will allow us to meet Ministry of Education regulation and obligations and we will continue to deliver quality services and programs to our students in order that they may achieve their maximum potential.”
Board Chair, George Middleton is also pleased with the budget. “Over the past few months, Trustees and Senior Administration have worked extremely hard to bring in a balanced budget that addresses some of the key priorities of the Board and its stake holders. This new budget will allow us to move forward on present initiatives such maintaining our Special Education Program, our One to One Laptop Program and compliancy with Ministry objectives in our primary class sizes.”
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