{"id":120,"date":"2016-10-02T00:34:04","date_gmt":"2016-10-02T04:34:04","guid":{"rendered":"https:\/\/newwestschools.ca\/archive_241212\/\/?page_id=120"},"modified":"2024-11-01T11:06:20","modified_gmt":"2024-11-01T18:06:20","slug":"budget","status":"publish","type":"page","link":"https:\/\/newwestschools.ca\/archive_241212\/our-board\/budget\/","title":{"rendered":"Budget &#038; Financial Reports"},"content":{"rendered":"<img decoding=\"async\" class=\"aligncenter size-full wp-image-63075\" src=\"https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2024\/04\/Budget-Banner.jpg\" alt=\"\" width=\"100%\" height=\"100%\" srcset=\"https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2024\/04\/Budget-Banner.jpg 1800w, https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2024\/04\/Budget-Banner-300x123.jpg 300w, https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2024\/04\/Budget-Banner-1024x421.jpg 1024w, https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2024\/04\/Budget-Banner-768x316.jpg 768w, https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2024\/04\/Budget-Banner-1536x631.jpg 1536w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/>\n<h2>2024-2025 school year budget<\/h2>\n<p>We&#8217;re currently working on our 2024-2025 budget proposals for the Board of Education&#8217;s consideration and approval. The process involves reviewing our priority assessments (based on our five-year strategic plan) and current and future needs with input from interested parties.<\/p>\n<p><strong>The budget survey is now closed. Thank you for taking the time to share your input with us.<\/strong><\/p>\n<p>Your feedback, combined with district staff work, will help inform the superintendent\u2019s recommendations to the Board of Education on the approval of the 2024-25 budget for the upcoming school year.<\/p>\n<p>We invite you to join us <strong>Tuesday, May 14, at 6:30 p.m.<\/strong> at our Operations, Policy &amp; Planning meeting to learn more.<\/p>\n<h3><strong>What does a typical year and budget look like?<\/strong><\/h3>\n<p style=\"text-align: center;\"><span style=\"font-size: 8pt;\"><em><a href=\"https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2022\/04\/Budget_Infographic-2022_AverageBudget-690.jpg\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img decoding=\"async\" class=\"wp-image-39761 size-large aligncenter\" src=\"https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2022\/04\/Budget_Infographic-2022_AverageBudget-690-1024x462.jpg\" alt=\"\" width=\"100%\" height=\"100%\" srcset=\"https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2022\/04\/Budget_Infographic-2022_AverageBudget-690-1024x462.jpg 1024w, https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2022\/04\/Budget_Infographic-2022_AverageBudget-690-300x135.jpg 300w, https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2022\/04\/Budget_Infographic-2022_AverageBudget-690-768x346.jpg 768w, https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2022\/04\/Budget_Infographic-2022_AverageBudget-690.jpg 1531w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><br \/>\n*Above numbers based on previous averages, calculated March 2022<\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>2024-2025 budget key dates and timelines<\/h3>\n<ul>\n<li>For detailed information on key dates and timelines,\u00a0 <a href=\"https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2024\/04\/2024-25-Budget-Process.pdf\">download the 2024-25 budget process summary.<\/a><\/li>\n<\/ul>\n<table style=\"border-collapse: collapse; width: 100%; height: 288px;\">\n<tbody>\n<tr style=\"height: 24px;\">\n<td style=\"width: 22.9452%; height: 24px;\"><strong>December to March<\/strong><\/td>\n<td style=\"width: 77.0548%; height: 24px;\">District and Board planning and preparation.<\/td>\n<\/tr>\n<tr style=\"height: 48px;\">\n<td style=\"width: 22.9452%; height: 48px;\"><strong>Apr 16-26<\/strong><\/td>\n<td style=\"width: 77.0548%; height: 48px;\">Survey and budget consultation with students, parents, staff, and community.<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 22.9452%; height: 24px;\"><strong>April 12<\/strong><\/td>\n<td style=\"width: 77.0548%; height: 24px;\">Student symposium.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 22.9452%;\"><strong>April 23, April 25<\/strong><\/td>\n<td style=\"width: 77.0548%;\">Meetings with key interested parties (indigenous education committee, unions, parent groups, students).<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 22.9452%;\"><strong>April 30<\/strong><\/td>\n<td style=\"width: 77.0548%;\">Open board meeting &#8211; including presenting feedback from surveys and interested parties.<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 22.9452%; height: 24px;\"><strong>May 14<\/strong><\/td>\n<td style=\"width: 77.0548%; height: 24px;\">Superintendent&#8217;s recommendations presented to the Board and complete first and second reading of budget bylaw.<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 22.9452%; height: 24px;\"><strong>May 28<\/strong><\/td>\n<td style=\"width: 77.0548%; height: 24px;\">Third and final reading of the budget bylaw.<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 22.9452%; height: 24px;\"><strong>June 30<\/strong><\/td>\n<td style=\"width: 77.0548%; height: 24px;\">Ministry submission deadline for final budget.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2>About the district budget<\/h2>\n<p>Building school budgets is about setting priorities around how to achieve goals that help support students, staff, and our community.<\/p>\n<p>Consulting with our community and various interested parties helped us create our <a href=\"https:\/\/newwestschools.ca\/archive_241212\/about-us\/strategic-planning\/\">five-year strategic plan<\/a>. Thanks to that work, we&#8217;re taking the next step from collecting and understanding priorities to making sure we have the resources to act on them in a meaningful way.<\/p>\n<p>Because needs and priorities evolve over time, we will occasionally need to make budget adjustments based on factors like:<\/p>\n<ul>\n<li>Changes to student enrolment and funding provided from the provincial government.<\/li>\n<li>Changes to staffing or school enrolment needs.<\/li>\n<li>Shifting departmental priorities, which align to the strategic plan.<\/li>\n<li>Key priorities or targeted projects for the current year.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2>Additional resources<\/h2>\n<ul>\n<li><a href=\"https:\/\/www2.gov.bc.ca\/gov\/content\/education-training\/k-12\/administration\/resource-management\/school-district-financial-reporting\/statement-of-financial-information\" target=\"_blank\" rel=\"noopener noreferrer\">District Statements of Financial Information (SOFI) reports<\/a><\/li>\n<li><a href=\"https:\/\/www2.gov.bc.ca\/gov\/content\/governments\/services-for-government\/public-sector-management\/compensation\/executive-compensation-disclosures\" target=\"_blank\" rel=\"noopener noreferrer\">Public Sector Executive Compensation Disclosure Statements<\/a><\/li>\n<li><a href=\"https:\/\/newwestschools.ca\/archive_241212\/wp-content\/uploads\/2024\/11\/FINAL_SD40_pay_transparency_report_2023-07_2024-06.pdf\">SD40 pay transparency report<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>2024-2025 school year budget We&#8217;re currently working on our 2024-2025 budget proposals for the Board of Education&#8217;s consideration and approval. The process involves reviewing our priority assessments (based on our [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":14,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-120","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/newwestschools.ca\/archive_241212\/wp-json\/wp\/v2\/pages\/120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newwestschools.ca\/archive_241212\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/newwestschools.ca\/archive_241212\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/newwestschools.ca\/archive_241212\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newwestschools.ca\/archive_241212\/wp-json\/wp\/v2\/comments?post=120"}],"version-history":[{"count":213,"href":"https:\/\/newwestschools.ca\/archive_241212\/wp-json\/wp\/v2\/pages\/120\/revisions"}],"predecessor-version":[{"id":64090,"href":"https:\/\/newwestschools.ca\/archive_241212\/wp-json\/wp\/v2\/pages\/120\/revisions\/64090"}],"up":[{"embeddable":true,"href":"https:\/\/newwestschools.ca\/archive_241212\/wp-json\/wp\/v2\/pages\/14"}],"wp:attachment":[{"href":"https:\/\/newwestschools.ca\/archive_241212\/wp-json\/wp\/v2\/media?parent=120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}