Report - Bluewater District School Board · Report SCHOOLBOAff) October 31,2014 Monthly Budget Report The attached monthly financial report provides a summary of financial activities

ReportSCHOOLBOAff)

October 31,2014 Monthly Budget Report

The attached monthly financial report provides a summary of financial activities to October 31,20'14. Revenue andExpenses are compared against the 2014-'15 Approved Budget and last year actuals at October 31 , 2013. Externalrevenues and related expenses are identified separately to allow for greater comparability to the budget.

For the second month oî the 2014-2015 fiscal year, Revenue and Expenses are trending as follows:

Revenues'.

Oct.31 2014 % Received AnticipatedYTD Revenues Budoet to budgel % Received

$45,158,835 $199,522,771 22.6To 22.00/0

Expenses:

Oct.31 2014 % Spent AnticipatedYTD Exoenses Budget to budoet % Soent

$47,747,326 S'199,522,771 23.9o/o 24.0o/o

Financial activity for the first two months o1 the 2014-2015 fiscal year indicate:

Revenue is trending as expectedExpenses are trending as expected, with spending in certain operating expenses higher than anticipateddue to the timing of commitments to purchase materials/services such as textbooks and transportation. Dueto the nature of these expenses, activity level is as expected at this point in the year.

Financíal activities to October are compared to budget and do not ¡nclude revised estimates in revenue andexpenses resulting from actual enrolment, staffing levels and prior year financial results. Revised estimates werecompleted in Decembe¡ 2014 and will be provided to the Business Gommittee at theír next scheduled meeting.

Recommendatlon:

That the Business Committee receive the October 2014 Monthly Budget Report for informatlon.

Submitted toBusiness Committeeof the Whole BoardJanuary 6, 2015

For further information, please contactRob Cummings, Superintendent of BusinessServices

Preparing Our Students Today for the World of Tomorrow

TotalRevenues

Total Expenses

(Shortfall)/Surplus

199,522,771.00

1 771.O0

0.00

12118120141

Bluewater D¡strict School BoardMonthly F¡nancial Report

to Oct 31, 2014 for Business Commfüee

27,597,6æ

1.887,01€

14,175,351

c

1,7v,A21

2,2û

137,1Æ

156.465

280,Ttg

0

0

0

0

555,787

0

17jæ

0

239,668

21.'t%

0 0p¿

25.1Io

46.1%

1O7.4Tc

O.2Vo

o.o%

18 2o/o

329 40/o

27,441,656 130,133,404

55,20s,460

8,578,931

892,046

1,426,139

211,267

545,000

48,000

13,830,3't 5

3,95D,7U

958,256

2,280

99,058

'158,111

Grant for Studenl Needs

DCC Amortization Revenue

Municipal Tax Revenue

Grants for Early Learning/FDK

Olher Provincial Grants

Tuit¡on Fees/Fees from lndív¡duals

RecoverieyRevenues froßì Other Boards

Community Use Fees

Oth€r Revenue

21.O%

22-5o/o

25.3%

O.ÙYo

74,80/o

0.2Yo

42.1o/o

26.3%

57.9o/o

21o/o

17o/o

25o/o

V/o

67o/o

Oo/o

17o/o

17Yo

17%

1,576,944

1,369,451

285,168

596,000

71,000

131,311,685

8,392,544

55,919,979

1,179,O34

2,250

120,000

156,465

41,1'11

27,557,608

'1,887,016

14,175,351

't,078,856

1j25

120,000

70,199

28,313

10,510,190

1,187 ,637

3,O76,673

Special Education Breakout

27

2,433,

2,201

2,227,145248,793

2,314,A81330,512251,O7427,O22

258,7æ't44,58374,19673,806

10,420,033738,339

10,q)0,5441,501,817

856.425127,414

1,286,793w,420

49,431422,796

21

21

20

1 50.

1,058,79841,518

772,766122,720

-154.93610,514

14o,mo-4,381

21.Oolo

21,O%21.0%21.00/o2',t.oo/o

21.O%21.0o/o

21.0o/o

O Oo/o

2'l.oo/oo.o%

21212121

2121

21350,00073,55928,014

Needsclasses Allocation

FDKExpertise

& Experience Grant Portion

Education Per Pupil AmountEducation Equ¡pÍEnt

11,577,'160928,050

10,473,8021,554,358

129,æ71,427,67

403,675

2,433,157195,047

2,201,265326,677

27,'t89299,925

84,U023 FacilitiesSupport Leadershtplncidence

2

BhElEtü Disùicf Schær BoerdMorithly F¡nancial Repol

lo Oci 31,2014 tor BGiflæ Cdnmdee

1,76f

161

o2,W

l¡tg3,712

3,67265

000

0o

0oo

61 889

3.15.1-967

0

0

æ,slz2,5û9

ld,pf'8.ß41ß.c74.æ3

1æ.,fl

16,247,7æ1:t8.7É

17.621

12.to-

1æ,W 5,1762ß

1,816,739112,9151Ir,r/11A,18

Ð,691

10,135,9272.474'3l'71,W,952

1 t6,lxì9224.127

12.

677,12751zfi

7't8.89'fi,165

3;tægt710216

zæ578

2,ú,W1l)216

518,584

5l5.qtr1@2539.¡ll5

3.453.945868.8ô2171,4F

&¿p1? r,g8r,r{n

,m,5

211

zn.ga1a,gl

TEACI-ERSTEACI.ERSIEAC-HERS

12æþ72.,7æ,

0

10ß,13-5Æ

o.0%

0r¿6qt

FEES

11,7il,1951æ,7&

'12fi,ß7I,t72

EMPLOYEE BET{EFTTSS|-PPLTES & SEm4CES

SALAR|E,SEWAGESEMPI-OYEE BENEFITS

00

12.æÁ774,ü9 378,819 2,W,ßt

SAI ARIES & WAGESEMPLOYEE BENEFffsSALARIES & WAGESEMPLOYEE BENETTSSALARIES E WAGES

1,7il.89?522ñ1ø1.7ßr9.563

550,393

1,7æ3æ3522Fo'161,7ß19,5ñl

550,39¡

g,ffi,742.471,N

966,375s2.*5

3,r93,692

18.5%12,30ß16.7%21.tÆ17.M11-8'É0BENEFITS

EDASSTSEDASSTS

SUPPUES & SERVICESINIEREST CHARGES ON CAPTTALFEES A@NTRACruAL

g.'tæ.4443.lq1746lt53

8fr.E7627,1ß

æ1,72.5,*'l

2&,@5,41

411,ú320

SUPPTIES & SERVEESRENTFEES T CONTRACruA¡-

305.8200

19,716

1,O71,200

52,(nl

1,ß,W0

71;717

2,952,9m0

116,775

49.70.0%

'17.rß

ST',PPORTSUPPORTSTJPFORT

SAI..ARIES &WAGESET'PLOYEE BE,NEF'TSS{'PPUES E SER\4CES

Ít9,54512..37425,7ú

00

11,171

539.54512¿,37436p06

3.111292911A11217.775

15.8X1t.40ß16.9%%.4%

E GUIDArcEAGUIDAAICE

SAI¡RES&WAGES 16.ø'ß0289"961 æ,*1 1,747,779

3-13.68

10.*0

6gt 8e4,fÌ3ß'14n

n,u11,76

27j141.76

SqLAF'ES &WAGESEMPLOYEE BENEFI¡S

DEVELOPMENTDEVELOPÍI,ENT

BÍÆt€r Disûict scùæl B€rd 12t18t210141ù19 'iN

12,1ùzù11

3

Btrdaler D*tùtol Sdþd Bærtitontllt Frnãld¿t Report

l,o Oct 31, æ14 br B¡rsiness CqffiÉ1þe

t.

1.11

odb

æ.97

0o0o

117

r137oo0

0oo00

oo000o

000o

4.n,1æ10,l}21

1,çna,gr19t,g5t:t15

¡r{I!

11

I,186,90,+98,,r55

M75t1,ffilFtAÍ51

lr,ñ7

fl5:7ß1lttg

71gr,ß2

185889.9¡2

z1æ127.ffi

16,

25õ,55E6$n

9959,S9

13,47

38.3U18,2n

1,7'¿17,181

1260,.16rfi¡,818

7,æ7u2,12.

16,088

l,¡15.086

82.lE3162,6'7,4n

13,5715858,.r29

14,W51.574211

18

11-

177

4]5,tU76,714

31219,77A

|n.2gI5/,flr

2,¡186dt 126

11.

SAI.ARIES &WAGESEMPLOYEE BENEFITSSUPPUES & SERVICES

325,'lg27,124527

00

4,7æ

n5,'lun,124

9,996

1,@,f,íJ?276,úS

76,262.

17.M9.d,6

1X.1N.5%

sÂr ARtEs ÂwAG€sEÍT¡IPI-OYEE BET{EFÍTSSÍAFF D€VELOPMENTSUPPUES & SERI/|CE,S

I,190,c7021?1n

2,æ

00

-71119

1jú.878243.'127

2Æ

7,ffi.132l,æ8-at5

æ,t25

15.E82,1%3.ex

vPs

VPS

OFFICEOFFICEOFFICEOFFICEOFFICE

s,ql¡RtEs&WAGESEIT'PLOYEE BENEFÍTSSÍAFF DEVELOPT'ENTST.,PPUES E SERVICE,SFEES& OOÍIITRACTUAI-

5æ,7141ß,16

o191ß12

0

5æ,7111ß,4ß

0361.(b,f

0

g,gz6a+ísaatrm

8¿,M

15.7%15.1%0.0%

15%

000

169,-

SALAFIES AWAGE,SEIIIPLOYEE BENCTTSSÍAFF DEVELOPf,IENTSTJPPUES A SERVICESRENT

û.Ø8,914

05f6

8,499

000

87

8.U26.914

0864

8,¡199

251.ffi07,090l,üto2S7O

13,,100

15.41?.3%o.M

æ.1æ.1%

& MAINTENA¡{CEAMAINTEM¡ì|CE&MAIIITEMNCE& MAINTEI{A'{CE& MAINIEÍ{A¡{CEEMÆNTEi{^I{CÊ

SA¡.ARIESAWÁGESET'PLOYEE 8ÊT€FfTSSÍAFF fA/ELOPIIEI{TSUPPUES A S€RVICESREI{T

FEES &CONTRACTTIÁI-

1fr|,W3!Íì,õn

1,79ß,Ø380

1æ.@,

000

84,5,v315,æ4

1,W,47

125-7,æ0aft,638

't.7nI,llt-665

15,7ú1,75¡æ

4117,762275,æZ

11,il)5,718,7'11

t0.5Íþ11@..ún

r5.6*ls.s9É11-g*'19.4fi

149.ú8r.3t6

SAI-ÁRIESEWAGESEMPI-OYE€ SEIGFTTSSTAFF OÉVEIOFMETiÍTSIJPPUES T SERVICES

:¡8,gts7,619,fr€3.æn

000

1,t1?

38,9¡E7,ß193381þt5

¡t45,4m6,{28,(m

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116-7*6.Sr

17.1*

EDUCAÎONEfxrcÁroNEfIJCATION

Bk¡s¡dor üdrûl Scñod Board 1/142414'10:19¡,, 1?/18tm11

4

BlsElor tx¡ti:l Sdþd Boûdfrúñy Fmßial RÐori

to @ 31. ãrl4 br Br¡ÛEs CottrÍtÞe

llt.6ato2.977

Ð,w15_'t5.130

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14

7tAJ/ßcr,6g¡I,W

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9.89t/o7,alt&.,97a125,127

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NSr2E5.563?,78

1û,715

0,oit3129,55Ê!5,,tO7

SALARIES E WAC.ESEMPLOYEE BETCFTSSIAFF D€VELOPMENT

00

1A

115,613257

20.(m

13-er10.*a.nß6.âL

355r.&tE

11,Wffi

1215

14,W

OFFICERS/T'RECT( SAI-ARIE]S E WAGFSOfFICERS'DIRECT( EMPI-OYEE BE GFfTSOFFICERS/TXREICÌC STAFF OEVEI-OPMENT

12n,&1717,ú2r,506

o00

1m,41717,92

I,56ô

æ)7,*e1@,,91al0,læ

11.1%17-'t*15,#13.3t[s€ßvrcEs

OTHEROTIEROT}EROT}€ROTTCROTT€ROTI€ROT}ER

SALAñES&WAGESEUPTOYCTBEIEFÍSSTAFF DEVEI-OPMENTstPPuEs&sERvp€sINIEREST CI{ARGES OI{ CÁPTALFE€S &COi¡TRASIIJA-ÛT}ERÞ(FEI{SESAlroRTlzAl'tofit

M,t2592,ø

1t2ß,927

o197,O75

0

00

1901?f,112

0127.t52

0

9,t25Qø

30l175,Gì9

04,e7

0

1ñ.317sçt282+W

419,t2.3S5,(l345N,511

0

15,1t%15.9:*

1.æ.ù*o.c*

15-1*oßx

16.7%257

6.6*0-û[

16.79h

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01#1

REI€WÂL

't3,7ú21.111

't3.7fb19.5q)

INTERESÍ CfiARGES ON CAPTAIFEES & @NTRASTUAL

2gf ,1û0

Bluãrder Disùfd Sdþd Board Qnam140.19Art 1A1inúna

5

Bt â.abr Dtuùict Scñod Boüd)ffil|yFt'dttulRryrl

fo Oct 3l, ã,r4 ftr Bl,3fr6st CqErüæ

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2,U8,æ130,&l,t

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1021,,713411.@t

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I,546,99,r&t.ô82

Spedd RlElinSpst{ Rt.EalirnSp€{ilf Éfrcalirf,Sp€cit EúrcatiooSpoél ÉfEaüortSpecüú É¡rcatþn

1,t21,@3s,ü18

z,An,N811,ø

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2ãr,w71,1@.

ß.&75,14

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13,.168,(moiP.;tû

2,051,7ß.160,æ

16-71ß12.ú17-ùX12fi17.5X16.1&

82,177

Educdofl

TEAICHERSTEACITERS

ASSISTA¡\fiSA¡@SER'ì4CES

B¡Ærabr Disfit Sctml B6d 12ngiû11'lg:19 Alt 1211úzln1

6

Bluewater D¡stricl School Board Monthly Report to Business CommitteeSummary of Revenues to date Oct 31, 2014

Budget

Percentågeof BudgetReceived

2013

Grants fo¡ Studont Neods (GSN) 131,3Í,685 27,597,608 21 00/o 21Vo 27,441,656 21 lTo

Leg¡slative operâting grants provided by the M¡nistry, less tax revenues from Mun¡cipai¡ties Monthly advences are based upon pre-determined percenteges, as specified by the Min¡stry, Eerly advances are based on est¡mates submitted in June of the previous yearThey will be adjusted with subm¡ss¡on of revised estimates GSN received to date is higher than prior year due to inclusion of FDKfunding.

Percentageof Budget Percentage

YTD Received Expected YTD 2013

Percentageof Budget Perc€ntiage

YTD Received Expected YTD 2013

Percentageof BudgetReceived

2013


YfD2013 2013


2013


YÍD2013 2013

Budget

DCC Amort¡zatíon Revenue 8,392,U4 1,887,016 22.5Yo 17o/o 0 0.0%

Revenue ftom the defened capital contribution is ettrÍbutable to supported amo¡tization expense. This was not ¡ncluded as a separatebudget item last year.

Percentageof Budget Percentage

Expected

Municipal Tax Revenue

Budget YTD

55,919,979 14,175,351 250/o 13,830,31 5 25 10/o

Tax revenue instalments are received quarterly from '17 municipalities. This revenue, combined with Grants for Student Needs, make upthe total available operating grant revenue from the Ministry.

Received

25.3o/o

Budget YTD YTD 2013

3,950,784Grant for Early Learning (FDK) 0 0 Q.Oo/o

There ìs no longera Full Day Kindergêrten EPO grant. All fund¡ng ¡s now included in the GSN,

Oo/o 46 1%

Budget YTD

PercentegePercentage ofBudgetofBudget Percentage ReceivedReceived Expected YTD 2013 2013

Other Prov¡ncial Grants 1,576,944 1,179,034 74.8o/o 670/o 958,256 1O7 ,4o/o

Other Provincial Grants ¡nclude revenues lhat are specìfic purpose. Examples of Other Provincial Grants are MISA, Priori$ Schools,Outreach Coo¡dinator, Outdoor education grant, and Homework Help (eLearning). Other prov¡nc¡al grants that are received in addit¡on tothe budget are transportation fuel increase, mental health Budget figure reflects Other Provincial Grents that were known at June 30Budget Submission t¡me.

Percentageof Budget

Budget YTD Rece¡ved

1,369,451 2,250 0.20/o

Perc€ntageofBudget PercentageReceived Expected

PercentâgeExpected

Tu¡t¡on Feee/Fees from lndividuals Oo/o 2,280 0.2o/o

This revenue represents tuition from F¡rst Netions, Metis, lnuit students, and students from areas outside the board jurisdiclion. lnvo¡ceswill be issued after eech count date for enrolment purposes.

7

Budget

285,168

Budgôt

YTD

120,000


42.1o/o

Percen@eExp€ct€d YTD 2013


2013

PercenÞgeof BudgetReceived

2013

323.4Vo

Percentâgeof BudgetReceived

2013

Recoyedes/Revenues fiom Other Bo€rds 17o/o 0 0.070

lncludes transportation and purchas¡ng shared service recoveries and OYAP transErs from Bruce Grey Catholic DSB Also includesrevenue from Brazil students vía Avon Maitland.

Budget

PercentâgÞPercentag€ ofBudg€tofBudge{ Peroênbg€ Received

YïD Rece¡ved Þçected YTD2013 2013

Cofimunlly Use Fees 596,000 156,465 26.30/o 17vo 99,058 't8.7/o

lncludes Revenues for continuing Education (Drivers' Ed), Commun¡ty use of schools (after school ac{ivities, rental of fac¡l¡t¡es), rent fromday ceres.

perc€ntage

ofBudget PercentageBudget YTD Received Exp€cted YTD2013

OtherRevenue 71,000 41,111 57.9% 17Vo l58,l1t

Other revenue includes bank lnterest, dassroom donat¡ons, pepsi sales commissions, OEC revenue, energy incerìtives.

YTD

PercentageofBudget PercentageRecelved Epected YTD 2013

Grand total

8

Classroom leacherS

Risk

Suppþ Teacherc

Risk

Educational Assistants

Risk

Supply Ed Assistants

R¡sK

ECE

Risk

Total Expense - Education SupportProfassionals

Bluewater District School Board Monthly Report to Business CommitteeSummary of Expenses to Date Oct 31, 2014

Budget Percentage of Percentage Percentage of Budget2014-2015 YTD BudgetSpent Epected YTD2013 SpentLastYTD

98.5/.1297 17,506,671 17.8o/o 19o/o 17,995,7ô7 18.8o/o

Classroom teacher expense consists primarily of salar¡es and benefits. Expenses are on track. Percentagespent slightly lower due to retirement deferrals and to completion of allocations.

Expenses are slightly under last year to date.

Budget Percentage of Percentage Peroentage of Budget2014-2015 YTD Budgetspent Elpected YTD2013 SpentLestyTD

3,246,665 404,633 12.5o/o 14o/o 448í44 11.9%

Expenses include illness end other personal absencæ of teachers, as well as replacement teachers for fìeldtrips and other school activilies, and meetings unrelated to staff development.

Expenses will be monitored against budget.

Budget Percentage of Percentage Percentage of Budget2014-2015 YTD Budget Spent Epec.ted YTD 2013 Spent Last YTD

12,428,U2 2,110,ô49 17.Oo/o 19o/o 2,229,6U 17.9%

Elçenses represent salaries and wages. Expenses are on track. Benefit percentage lower due to reducedretirements and extended health benef¡ts.

Expenses are on track.

1,059,330 181,309 17.10/o 14% 149,297 12.10/o

Expenses include replacement c¡sts for personal illness or absence.

Expenses will be monilored against budget

4,119,743 687,811 16.7% 19% 475,422 17.70/o

This line includes permanent positions and supply costs. Any savings (surplus) in ECE costs are returned tothe Minislry as per Full Day Kgtr funding guidelines.

Expenses are on treck.

17,607,115 2,985,769 17.ú/o 18% 2,8il,373 17-1o/o

1?,1A20ß9


Budget Percentage of Percentage2014-2015 YTD Budget Spent Epecled YTD 2013

1,571,709 986,¡141 62.80/o 20% 1,326,345Glassroom Computels

R¡sK

Texts, Glassroom Supplies

R¡sK

Professionals, Para Prcfessionals

Risk

Llblary & Guldance

Risk

Expense in this line is attributable to software license and mainlenance fees plus classroom tools. Highpercentages spent ere attributable to blanket orders for full year commitments. Higher spend last ytd due toICT maintenance costs last October.

Higher than expected percenlages are due to comm¡tments made to October,

Percentageof PercentageBudgetSpent Expected

35.9% 36%

Percentage of BudgetSpent Last YTD

84.4o/o


76.5o/o


16.6%


19.0%

lncludes school budgetsi spec¡al equipment for special educat¡on; amortization, the purchase of textsi/otherresources, equ¡pment and/or furniture for the classroom, and classroom supplies.

Budget201+2015

5,089,I 1 I

Budget201+20't5

YTD

1,825,'127

YTD

u7J45

Pêroentage ofBudget Spent

PercentageExpected

YTD 2013

3,713,506

YTD 2013

427,425

Higher than expected percentages are due to commitments made to October.

Budget Percentage of Percentage201+2015 YTD BudgetSpent Expected YTD2013

4,6eÍ,868 815,90't 17.5% 180/o 744,850

Expense includes salaries and benefits and supplies for staff who provide additional supports to studentssuch as: psycholog¡sts, speech therapists, atendance counsellors, OYAP staff, OEC staff, and ICT supportsfor classrooms. Other expenses include seruices for outside contracts w¡th Keystone Child & Youth Servicæs,

Expenses afe on track,

1,987,822 17.5o/o 18o/o

Expense is salaries and benefits for secondary teachers in library/guidance and library technicians inelementary schools. Funding is provided $1 13,270.00 for the elementary school technicians.

Benefit allocation in December 2014.

12t18t201410

Bluewater District School Board Monthly Report to Business CommitteeSummary of Expenses to Dete Oct 31, 2014

Budget Peroentage of Percgntege2014-20'15 YTD Budget Spent Expec.ted YTD 2013

Staff Development

Risk

Goordinato¡s/Gonsultantg

Risk

PrincipabMce Principals

Risk

School Ofñce

Risk

1,146,U1 50,¿149 4.4o/o 2Oo/o 36,310 11.9%

Expense is rclated to classroom teachers professional leaming in schools and central teacher training forprograms such as student success,

Expenses are currently lracking under budget.

Budget Percentage of Percentage percentage of Budget201+2015 YTD Budget Spent Expected YTD 2013 Spent LastyTD

2,213,7æ 362,715 16.40/0 17Vo 328,611 14.7o/o

Coordinators and Consultents ¡nclude staff who support teachers in the clessroom. Expenses includeselar¡es, benef¡ts and suppl¡es for System cuniculum lead teachers, assistants to Supervisory officers andsupport staff, Student Success slaff, end System Special Education lead teachers. This line also includesstaffing for education programs as directed by the ministry through EPO grants. (math coach and SWSTpositions)

Expenses are tracking to budgêt

Budget201+2015

E,739,937

Percentage ofBudget Spent

16.4o/o

PeroentageExpected

15o/o

YTD 2013

1,287,981

Percentage of BudgelSpent Last YTD


14.6%

YTD

1,437,315

lncludes salaries, benefits, supplies and professional development for school administrators.

Expenses are tracking slightly over budget due to illness supply costs and retirement gratuity payouts.

Budget Percentage of Percentage Percentage of Budget201+2015 YTD BudgetSpent Epected YTD2013 SpentLastYTD

4,658,164 1,U1JU 22.4o/o 160/o 810,066 16.20/o

School Office envelope includes all expenses for school offices, such as salaries and benefìts for officeprofessionals, offìce supplies (photocopying, telephone, paper supplies, office fumishings), and professionaldevelopment for off¡ce professionals.

Supplies and services expense includes Trillium annual maintenance.

1?,18t20'1411


Budget Perc€ntage of Percentage2014-2015 YTD Budget Spent Expected YTD 2013

'13,159,332 12,627,032 96.0% 96% 12,487,452

Percentege of BudgetSpent Last YTD

9ô,670Transportatlon

Risk

Operations & Maintenance

R¡sK

Gontinuing Education

R¡sK

T¡ustees

Risk

Supervisory Oñ¡cersrDircctor

Risk

Transportation expenses include salaries and benefits, bus and taxi contracts and as well as supplies ofequipment on board buses.

Entire budget commited for the year

Budget Percentage of Percentage Percentage of Budget2014-2015 YTD Budget Spent Expscted YTÐ 2013 Spent Last YTD

25,831,379 5,763,430 22.30/o 16% 5,358,011 20J0/o

This line includes salaries and benefits for plant management staff, school custodians, and maintenancepersonnel. lt includes expenses for maintenance supplies in schools (paper towel, soap, cleaning suppliesand equipment), as well as utility costs at each location, water testing, and maintenance services such aspainting and repair work. Contractual services include snow removal, grass cutting, and waste management.One of the largest expenses in this line is for amortizetion of our buildings, which is matched by revenue fromthe DCC (Defened Capital Contributions).

Suppties and services are commited for the entire year.

Budget Percentage of Percentage Percentage of Budget201+2015 YTD BudgetSpent Expected YTD 2013 Spent LastYTD

889,892 113,974 12.8o/o 167o 117,698 14.4o/o

ln addition to the drivers'education program and community use of schools, expenses include salaries andbenefits for staff members.

Small surplus is expected.

Budget Percentage of Percentage Percentage of Budget2014-2015 YTD Budget Spent Expected YTD 2013 Spent LastYTD

161,625 18,092 1'1.2% 17o/o 20,876 13 Oo/o

Expense for trustees include honorariums and benefits, staff development, meeting expenses and mileage.

Reduction in the number of the first nat¡ons trustees compaired to budget.

Budget Percentage of Percentage Percentage of Budget2014-2015 YTD Budget Spent Expected YTD 2013 Spent Last YTD

1,024,273 149,776 14.6% 15o/o '142,147 15.070

Expenses include salaries and benefits for director and supervisory offìcers, professional memberships, staffdevelopment, and mileage

12,'18t2014

Expenses are on track,

12

Bluewater District School Board Monthly Report to Business CommitleeSummary of Expenses to Detc Oct 31, 2014

Budg€t Percentagc of Percentegê2014-2015 YTD Budgst Spent Expectêd YTD 2013

4169,776 836,184 20j% 22o/o 797,694Gencnl Admlnl¡traüon

Risk

School Rencwal

Rlsk

Budget2014-20't5

Inbrcst Cherges and other Capltal 4,510,049

Risk

Budget2014-2015

Costs include salaries and benefits for the following departments: finance; HR; purchasing; and health &safety. Also included here are executive assistants to the director and superintendents of schools, Othercosts ¡nclude general office supplies, telephone expense, utilities for Bluewater Education Centre, legal fees,interest fees, and audit fees.



PercentageExpected

PeræntageExpected

YTD 2013

56,680

YTD 2013

847,406

YTD 2013

Pcrcentagc of BudgctSpent Last YTD

19.90/o

Pcrccntage of BudgetSp€nt Last YTD

6.30/o



Supplies and service expense as wall as contracts ere comm¡ted.

Budget Percentage of Percentagc201+2015 YTD BudgetSpent ExpecGd

307,158 5't,513 16.8% 17o/o

The budget includes ¡nterest expense fo unsuppoled debt.

Expenses are matched with revenue. Timing of expend¡tures varies due to seasonal fluctuations andavailability of contractors.

9.4% 9o/o 18.3%

The board's debt includes OFA loans and Debentures for capital projects and represents interest paymentson this debt in budget l¡nes for School Renewal, New Pupil Places, Diect Capital, Good Places to Leern,Priority Capital end Other (55 School Board Trust Debt). These paymenb are fully supported by the ministry

Expenses are matched with revenue.

YTD

423,975

YTD

G¡and Totals 199,522.771 47.747,326 23.9% 24% 49,601,643 25.4Un

1?J1W201413

Documents

Report - Bluewater District School Board · Report SCHOOLBOAff) October 31,2014 Monthly Budget Report The attached monthly financial report provides a summary of financial activities