2019-2020 Budget Information

On June 27th, 2019, the Board of Trustees approved a compliant balanced budget of $691 million. The Board of Trustees of the York Catholic District School Board (YCDSB) would like to thank its many stakeholders for their recent participation and feedback, which contributed invaluable input in assisting the Board with the budget development process.

The Board’s Multi-Year Strategic Plan identifies four commitments to our stakeholders. They include: the Integration of Catholic Faith, the Continuous Improvement of Student Achievement, the Effective Use of Our Resources and Engaging Our Communities. Faced with increasing financial restraints, these commitments continue to guide the Board’s decision-making on new investments and cost reductions.

The balanced in-year position for the 2019-2020 budget is an improvement of $2.8 million from the 2018-2019 budget. In addition to aligning staff resources with the recent government funding announcements, the Board of Trustees approved $6.7 million in cost reduction measures to improve operational efficiencies and $1.9M in new revenues during the 2019-20 budget deliberations to achieve a balanced budget. To focus on our students, the Board directed most of its budgeted expenditures (94%) toward classroom instruction and school operations. Other budgeted expenditures include costs such as student transportation.

The Board is committed to promoting and supporting strong academic achievement and well being for its students in a faith filled environment.

Approval of 2019-2020 Financial Estimates Budget