Budget Overview

Overview

Instruction & Administration

  • Overall grants reduced by $3.7 million or 2.58 percent
  • Admin. expenditure cap reduced from 4 percent to 3.6 percent

Maintenance

  • Operating grants reduced $349,000 or 2.33 percent
  • IMR grant reduced $516,000 or 19.85 percent

Transportation

  • Fuel Price Grant eliminated $819,000 or 6.89 percent.

Planning Principles

  • Consideration given to learning needs of all students
  • RVS' Three Year Plan drives resource allocation
  • School & support service allocations respond to the needs of each school community
  • Flexibility provided for school decisions
  • Required capital equipment replacement
  • Balanced expenditures within available revenues
  • Accountability for resource allocation

 

Assumptions

  • Enrolment increase of 627 FTE
  • High School CEU will increase by 2,916
  • Zero percent salary increase for all staff
  • Increase to various benefit plan costs
  • Fuel prices remain static
  • Three new schools opening in 2014
  • New school allocation formula
  • Increases to bus & instructional resource fees

 

Detailed financial information is available under "Publications". For more information contact Secretary-Treasurer Darrell Couture at (403) 945-4008 or by email to dcouture@rockyview.ab.ca.

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