A $1 million budget surplus is expected to lead discussion at the regular monthly meeting of the Northwest Catholic District School Board here Tuesday night.
Superintendent of Business Chris Howarth will present the board with the 2000-01 audited financial statements. In his report, he will outline a $1,133,748 surplus from last year instead of the $148,783 surplus that had been projected earlier.
The report will note the surplus resulted from under-estimating interest revenues, grants, and tuition. Spending less than expected on classroom teachers, textbooks and classroom supplies, and computers also is cited as reasons for the windfall.
Most of these funds, which had been earmarked by the province for classroom expenditures and school renewal projects, will be placed in reserves to be used in future years.
Howarth’s report also will highlight that in certain areas, the school board actually spent more than recommended by the province.
For instance, while the Ministry of Education earmarked $860,608 to fund special education programs, the board actually spent $1,166,698—an extra $306,090—to provide these services.
Also at Tuesday’s meeting, which gets underway at 7 p.m. in the board office next to St. Francis School, the board is expected to:
•appoint an auditor for the upcoming year;
•discuss the progress of the board’s strategic plan, which outlines the goals and objectives of the board and was developed throughout this past year;
•approve staff appointments and leaves of absences; and
•hear minutes from the Occupational Health and Safety Committee and the Special Education Advisory Committee.