General

Budget Process Begins

Feb 12, 2016

The 2016-2017 Lakehead Public Schools budget process began last evening with a preliminary analysis report. The report provided the process for the development of the budget that must be completed and submitted to the Ministry of Education by the end of June 2016. Trustee Karen Wilson was acclaimed as Budget Chair with Trustee Marg Arnone acclaimed as Vice Chair.

“I am honoured to have the opportunity to lead the Budget Committee through this thorough and inclusive process,” says Karen Wilson, Chair of the Budget Committee. “Our Guiding Principles and our organizational commitment to student achievement and well-being combined with our focus on fiscal responsibility will greatly assist in the formation of the budget.”

Student Achievement and Well-Being are our top priorities. The allocation of budget resources will be aligned with the overall goals and priorities identified in the Multi-Year Strategic Plan.

Guiding Principles

  1. Students come first. The evidence will be reflected in targeted improvements in student achievement and well-being, and by providing safe, inclusive and equitable learning environments.
  2. We will invest in the future of the organization by focusing on innovation, engagement, partnerships, facilities and professional learning that support student success.
  3. The allocation of financial resources will be driven by data, supported by evidence, and aligned to match system and operational goals.
    The engagement of stakeholders in a consultative budget process will assist in setting priorities.
  4. Budget decisions will ensure strong fiscal responsibility into the future.

The next Budget Committee meeting will be held on Tuesday, April 5th. At this meeting, invited stakeholders will present deputations to the Budget Committee.