Financial Budget

At the Regular Board Meeting held on June 19, 2024, the Superior North Catholic District School Board (SNCDSB) approved the 2024-2025 Budget Estimates.

The Board’s 2024-2025 Budget Estimates outline an operating revenue estimated at $28,222,231 million and expenses estimated at $28,170,795 million, and total Capital spending in the amount of $2,792,000 from supported and unsupported funding.

The Board estimates an Average Daily Enrolment (ADE) of 713 elementary students for the 2024-2025 school year.

Funding from the Provincial Government represents 82% of budgeted revenue with another 4.3% from Municipal Governments, 11.8% from the Federal Government and 1.9% from other miscellaneous sources.

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 700 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).