Financial Budgets and Documents

Financial Budget

At the Regular Board Meeting held on June 28, 2023, the Superior North Catholic District School Board (SNCDSB) approved the 2023-2024 Budget Estimates.

The Board’s 2023-2024 Budget Estimates outline an operating revenue estimated at $24,486,101 million and expenses estimated at $24,510,867 million, and total Capital spending in the amount of $4,434,965.00 from supported and unsupported funding. The Board's estimated surplus for compliance is $72,919.00.

The Board estimates an Average Daily Enrolment (ADE) of 668 elementary students for the 2022-2023 school year.

Funding from the Provincial Government represents 86% of budgeted revenue with another 4.5% from Municipal Governments, 8.1% from the Federal Government and 1.4% 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 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).
Website by SchoolMessenger Presence. © 2024 SchoolMessenger Corporation. All rights reserved.