School board puts in place an in-year deficit plan
Rainbow District School Board had to withdraw $1.3 million from its reserves to balance its $235.5 million 2023-24 school year budget.
“Additional investments from the Ministry of Education are also reflected in the budget, including more resources for early reading, math, destreaming, the trades, mental health, safe schools, and equity and inclusion.” Grants for Student Needs , which is the base funding provided by the Ministry of Education, have been adjusted to reflect additional support for student achievement and well-being, the delivery of remote learning for one more year, and the maintenance of enhanced cleaning and ventilation.
Priorities and Partnership Funds, which are outside of the Grants for Student Needs, will provide continued funding for Indigenous graduation coaches, the Ontario Youth Apprenticeship Program, professional assessments, staffing to support destreaming and transition to secondary school as well as support for summer learning special education and summer mental health programs, among other initiatives.
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