The Upper Canada District School Board received a financial forecast update at its last meeting, and approved the 2018-19 School Year Calendar.
Second Financial Forecast for 2017-2018 Fiscal Year: Superintendent of Business Robert Backstrom presented Trustees with the second financial forecast update for the current fiscal year. At this point in time, Backstrom said the Board’s overall financial outlook remains stable for the balance of the fiscal year. The forecasted surplus of $508,380 reflects a moderate reduction in the anticipated in-year budget surplus when compared with the first financial forecast update presented in January. Estimated adjustments to Grants for Student Needs funding and the creation of 10 new educational assistant positions contributed to the surplus change. Backstrom added the current forecast maintains the Board’s standing for operating within the compliance levels set by the Ministry of Education while allowing the Board to focus on its key goals of student achievement and student well-being.
2018-19 School Year Calendar: Trustees approved the 2018-19 School Year Calendar, which will now be sent to the Ministry of Education for final approval. The calendar proposes a start date for classes of September 4, 2018 and lists the last day of school as June 28, 2019. Exams will run from January 24-30, 2019 and June 21-27, 2019. Christmas Break has been proposed for December 24, 2018 to January 4, 2019. The March Break has been proposed for March 11-15, 2019.