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Toronto Catholic District School Board

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2020-2021 Budget: Financial Planning ​and Consultation Review 

April 2020



Planning for the Budget Process
Objectives of this report:
  • Introduction to the budget process
  • Set context and aspects to budget process to serve our school community
  • Identify known external risks
  • Review public consultation and engagement strategy for 2020-21

Planning for the Budget Process
Stages of the Budget Planning Process
 Seek feedback from School Community and trustees
Subject to change based on Ministry release dates

The Board now has a Reserve Strategy in place
Board Reserve Strategy; Total Reserves Balance and In-Year Withdrawals/Contributions

Several External Risks ​Will Bring Challenges to the Next  Budget Process

Achieving MYSP and Current Fiscal Risks

Multi Year Strategic Plan – Note: Not all elements are presented here


Achieving a Balanced Service Level ​is an Iterative Process


TCDSB 2019-20 Under / Over Spending by Expense Category ($M)

The Board will face several cost pressures through the budget process

​Presumed Cost Pressures for 2020-21

 $M

Loss of Parking Revenues

     6.40

Increased Contingency for Occasional Teachers

     2.00

Green House Gas Pollution Pricing

     1.00

Increased Contingency for Supply Education Assistants

     1.00

Addition of Integrity Commissioner Office

     0.15

Addition of Parliamentarian Services

     0.05

Total

   10.60

 

Potential Other Cost Pressures for 2020-21

 $M

Special Education Advisory Committee (SEAC) committee requests

     4.20

Reestablishment of Priority School Initiative (PSI) for Community Use of School Facilities

     0.80

Total

     5.00



​​Determining Service Levels and Solutions to Fiscal Challenges Requires Consultation

  • Consultation to include:
  • Online Budget Feedback Tool (April)
  • Virtual Town Hall (April 28th)
  • Communication to Archdiocese, Parents (toolkits for CSPCs) and Principals
  • Engage SEAC, CPIC, OAPCE and CSLIT1 (April/May)
  • Meeting with Federations and Unions (May)
  • Opportunities for delegation at Corporate Services and Student Achievement and Wellbeing Committees throughout April, May and June


(1SEAC = Special Education Advisory Committee, CPIC = Catholic Parent Involvement Committee, OAPCE = Ontario Association of Parents in Catholic Education, CSLIT = Catholic Student Leadership Impact Team)


Questions or Feedback regarding the TCDSB Community Stakeholder Budget Consultation Engagement Strategies for 2020-21?

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