District’s Amended Budget Bylaw Passed

The Abbotsford School District’s amended budget reflects an increase in operating revenue of almost $4.1 million, of which $3.7 million is an increase in funding from the Ministry of Education.

The increase in the Ministry’s grant is due to a higher student enrolment, unique student needs, allocation of holdback and other funding allocation changes.

Allocations to schools have increased by $5.5 million; along with an increase of $2 million, primarily due to a rise in the allocation of Teacher Assistants to schools, and benefit changes.

In the end, the district’s appropriation from accumulated surpluses is $4.4 million to offset additional expenditures.

Final total for this year’s amended budget is $191.5 million.

The amended budget document is available here.

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