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Next year's budget will bring some "pretty hard decisions," as the board tries to maintain a $1 million minimum, Chris Spina, the H SCDSB's acting Adidas Primeknit Tubular Snake
up for the difference by the end of August.
Catholic board keeps an eye on shrinking reserves
The Ministry of Education will supply $3.9 million for a new facility to house Sacred Heard Catholic elementary school in Espanola. Construction on the dual track French immersion school is expected to begin later this year with the school opening in time for the 2011 12 school year.
Stadnyk said the draw from reserves is only a projection. He said surpluses could combine to make Adidas Los Angeles White Camo
Stadnyk said the board's savings now stand just over $1 million.
The Huron Superior Catholic District School Board's rainy day fund took a $758,000 hit in the fall, bringing reserves perilously close to what administrators say is as low as they want to go.
It's the second such project for which the province has funded the H SCDSB in the last 12 months.
Stadnyk said the board would work with the province on funding cost overruns on the projects, which are possible due to higher construction costs in the North, rather than draw from reserves.
Stadnyk said the board has faced "more and more of a challenge," in maintaining its $1 million reserve fund.
"We kind of resolved last year that we needed to right size in order to balance our budgets, but with small enrollments, many different schools, trying to keep the supports . . . We're concerned that if Adidas Neo Black Leather we too drastically cut some of the supports that we have in place for our kids, that it's going to affect them," said Stadnyk.
"We had to hire some staff, we had some issues with primary class size, we needed to support some of our students with special needs, and other issues have come up that probably contributed to the decline in the difference between the revenues and expenditures," he said.
St Patrick site.
Trustees selected MGP Architects, based in the Sault, for the St. Patrick project, and EPOH for the Sacred Heart project.
The province promised $9.8 million in June for the two storey St. Patrick addition.
Meanwhile, the H SCDSB got approval from the province to build an addition to another one of its schools.
John Stadnyk, director of education, said the board's reserves stood around $1.9 million at the beginning of the school year, but a financial update shows that declining enrollment and other issues have caused the board to dip into reserves.
superintendent of business, told trustees at Wednesday's board meeting.
The H SCDSB is set to close three of its east end schools Sister Mary Clare, St. Hubert and St. Mark Catholic and move students to a refurbished and expanded Adidas Neo X Lite
"We're looking at salvaging the best part of that building and adding on substantially, just as we're doing here in Sault Ste. Marie," said Stadnyk.
He said administrators will bring a more detailed report to trustees at a future meeting.
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