SD57 looking at $1.7 million in cuts, predominantly to administration, to balance budget
School District No. 57 (SD57) is set to have its last meeting of the and 2022/23 school year and it will be a busy one.
Not only will the two new representatives Sarah Holland and Shar McCrory be legitimately sworn-in following the June 17 by-election, but the board will also have to decide its budget for the 2023/24 school year.
Budget considerations at last month’s meeting revealed the district is facing a $2,359,303 dollar deficit.
The draft budget presented in the board of education’s June agenda proposes that $1,780,261 of the deficit will be met with cost drops, while the rest will be taken out of Operating Surplus, both restricted and unrestricted.
Within that $1.7 million in cuts, $777,020 is set to be taken out of District Administration – representing a 12.18 per cent reduction.
Reductions to Instruction take up the second largest proposed cut at $690,239, but this simply makes up 0.51 % of the total instruction financial plan.
