Financial Budgets and Documents

Financial Budget

At the Regular Board Meeting held on June 21, 2022, the Superior North Catholic District School Board (SNCDSB) approved the 2022-2023 Budget Estimates.

The Board’s 2022-2023 Budget Estimates outline an operating revenue estimated at $22,405,688 million and expenses estimated at $22,404,003 million, and total Capital spending in the amount of $4,655,467.00 from supported and unsupported funding.

The Board estimates an Average Daily Enrolment (ADE) of 657 elementary students for the 2022-2023 school year.

Funding from the Provincial Government represents 86% of budgeted revenue with another 4.6% from Municipal Governments, 7.9% from the Federal Government and 1.5% from other miscellaneous sources.

There will be some ‘Learning Recovery’ Funding available to help address gaps in learning as a result of the COVID-19 Pandemic. It is uncertain at this time if this funding will continue beyond the 2022-2023 school year.

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 education funding.
  • SNCDSB operates 9 elementary schools, currently serving over 650 students.
  • The majority of the Board's funding allocation is based on student enrolment.
  • Elementary 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).
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