ALLOCATION OF RESOURCES ALLOCATION OF RESOURCES 2009-10 2009-10 FINANCIAL ESTIMATES FINANCIAL ESTIMATES Presentation to Board: May 5, 2009 Presented by: •Susan LaRosa , Director of Education & Secretary of the Board •John. Sabo, Associate Director - Leading Services & Treasurer of the Board
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ALLOCATION OF RESOURCES 2009-10 FINANCIAL ESTIMATES Presentation to Board: May 5, 2009 Presented by: Susan LaRosa, Director of Education & Secretary of.
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Grants for Student Needs (GSN)Grants for Student Needs (GSN)
ANALYSIS OF GRANT CHANGE-OperatingANALYSIS OF GRANT CHANGE-Operating2008-09 Revised Estimates vs. 2009-10 Projections2008-09 Revised Estimates vs. 2009-10 Projections
Total Increase $ 18,221,485 4.04%
Grants for Student Needs (GSN)Grants for Student Needs (GSN)
ANALYSIS OF GRANT CHANGE-OperatingANALYSIS OF GRANT CHANGE-Operating2008-09 Revised Estimates vs. 2009-10 Projections2008-09 Revised Estimates vs. 2009-10 Projections
Total Increase $ 18,221,485 4.04%
Resulting from: (estimated)
Enhancements (PFA & Other misc) $ 15,685,473 3.48%
Grants for Student Needs (GSN)Grants for Student Needs (GSN)
ANALYSIS OF GRANT CHANGE-OperatingANALYSIS OF GRANT CHANGE-Operating2008-09 Revised Estimates vs. 2009-10 Projections2008-09 Revised Estimates vs. 2009-10 Projections
Total Increase $ 18,221,485 4.04%
Resulting from: (estimated)
Enhancements (PFA & Other misc) $ 15,685,473 3.48%
Constraints (2,466,000) (0.55)%
Grants for Student Needs (GSN)Grants for Student Needs (GSN)
ANALYSIS OF GRANT CHANGE-OperatingANALYSIS OF GRANT CHANGE-Operating2008-09 Revised Estimates vs. 2009-10 Projections2008-09 Revised Estimates vs. 2009-10 Projections
Total Increase $ 18,221,485 4.04%
Resulting from: (estimated)
Enhancements (PFA & Other misc) $ 15,685,473 3.48%
Constraints (2,466,000) (0.55)%
Net Funding increases (before growth) $ 13,219,473 2.93%
Grants for Student Needs (GSN)Grants for Student Needs (GSN)
ANALYSIS OF GRANT CHANGE-OperatingANALYSIS OF GRANT CHANGE-Operating2008-09 Revised Estimates vs. 2009-10 Projections2008-09 Revised Estimates vs. 2009-10 Projections
Total Increase $ 18,221,485 4.04%
Resulting from: (estimated)
Enhancements (PFA & Other misc) $ 15,685,473 3.48%
Constraints (2,466,000) (0.55)%
Net Funding increases (before growth) $ 13,219,473 2.93%
Growth increase 5,002,012 1.11%
Grants for Student Needs (GSN)Grants for Student Needs (GSN)
ANALYSIS OF GRANT CHANGE-OperatingANALYSIS OF GRANT CHANGE-Operating2008-09 Revised Estimates vs. 2009-10 Projections2008-09 Revised Estimates vs. 2009-10 Projections
Total Increase $ 18,221,485 4.04%
Resulting from: (estimated)
Enhancements (PFA & Other misc) $ 15,685,473 3.48%
Constraints (2,466,000) (0.55)%
Net Funding increases (before growth) $ 13,219,473 2.93%
Growth increase 5,002,012 1.11%
Total increase $ 18,221,485 4.04%
Grants for Student Needs (GSN)Grants for Student Needs (GSN)
HIGHLIGHTS OF GRANT CHANGESHIGHLIGHTS OF GRANT CHANGES
Detailed in Ministry memorandum and staff reports under Supplementary Information section
Main increases in grant are in support of Provincial Framework Agreement (PFA) - Previously referred to as Provincial Discussion Table (PDT)
NOTE: As per Ministry B4 memorandum “a board must fulfill the conditions of the PFA’s to benefit from the enhancement described in the PFA’s”
Other minor increases in support of School Operations for energy and other costs
Introduction of new “Constraint” measure concepts
Grants for Student Needs (GSN)Grants for Student Needs (GSN)
HIGHLIGHTS OF GRANT CHANGES (cont’d)HIGHLIGHTS OF GRANT CHANGES (cont’d)