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.