Preliminary Budget Process – 2024/2025

The Board of Education of School District No. 71 (Comox Valley) is accountable for the public funds that support the school district. One of the Board’s responsibilities is the adoption of the budget. The budget must conform to legislative requirements set out in the School Act and is the financial plan that supports the Districts’ goals.

Boards of Education operate on a fiscal year of July 1st to June 30th. For 2024-2025, Section 113 of the School Act requires Boards to prepare an annual budget and have it adopted by bylaw and submitted to the Ministry of Education by June 30, 2024.

The Board is currently planning for the next school year, which includes:

  • Setting priorities for the delivery of student learning
  • Projecting student enrolment
  • Projecting the costs of providing the existing services into the next year (salaries, benefits, utilities, inflation, etc.)
  • Determining which costs will change
  • Projecting revenues (international student fees, rental fees, interest revenue, Ministry grants, etc.)
  • Identifying strategies and options to address the net budget position (projected revenues less projected expenditures)
  • Reviewing the budget against the Board’s strategic priorities
  • Finalizing decisions

As reports and presentations become available, they will be posted on the webpage in addition to the public Board Meeting and Committee of the Whole agenda.

Budget Reports and Presentations:

Committee of the Whole and Public Board Meetings are open to the public and presentations are live streamed and will be available on the District YouTube channel.

Public Feedback

Comox Valley Schools’ Board of Education will consider all feedback received on the draft budget recommendations before amending and/or approving the budget for 2024/2025.

The public feedback component of the budget process will be open May 14th to May 22nd. Thank you in advance for taking the time to review this information and share your thoughts with us.

2024/2025 Budget Process Feedback Form

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