Financial Budget
At the Regular Board Meeting held on June 21, 2021, the Superior North Catholic District School Board (SNCDSB) approved the 2021-2022 Budget Estimates.
The Board’s 2021-2022 Budget Estimates outline an operating revenue estimated at $22,229,902 million and expenses estimated at $22,214,913 million, and total Capital spending in the amount of $2,795,805 from supported and unsupported funding.
The Board estimates an Average Daily Enrolment (ADE) of 655 elementary students for the 2021-2022 school year.
Funding from the Provincial Government represents 85% of budgeted revenue with another 6% from Municipal Governments, 7.5% from the Federal Government and 1.5% from other miscellaneous sources.
Included in the Budget Estimates was $630,029 of funding for Covid-19 related expenses. More funds may become available throughout the year.