Regular Board Meeting Highlights - May 26, 2020
May 26, 2020 - The Board of Trustees is pleased to share with all education stakeholders the highlights of our recent Board meeting held on Tuesday, May 26, 2020 via video conference. The adopted minutes will be available on our website following the next Regular Board meeting.
- The Board approved the Budget for the 2020-2021 Fiscal Year as presented by Associate Superintendent, Scott McFadyen. The final budget indicates a balanced budget. Total revenue is $131,690,791 with expenses of $131,690,791. It is expected that the Division's operating reserves will have a balance of $2,272,115 or 1.75% as of August 31,2021. Revenues increased $2,029,737 or 1.57% from last year’s budget while operating expenses decreased by $926,976 or 0.70% to achieve a balanced budget. Revenues for 2020-2021 include $5.5 million in bridge funding that is expected to be eliminated over the next two years as the province uses this funding to fund enrolment growth throughout the province. COVID-19 has been identified as a high risk to this budget as it may impact assumptions around the opening reserves, funding, operations, and expenditures in 2020-2021.
- The Board received as information, confirmation of a recent announcement by the Government of Alberta that Parkland School Division would be receiving an additional $4.1 million for Capital Maintenance & Renewal funding to be completed by October 2020. This funding is for capital maintenance projects only and will be used for projects like school security systems, LED lighting retro-fits and boiler replacements etc.
- The Board approved the 2020-2021 Education Plan as presented by Associate Superintendent, Scott Johnston. The Education Plan is a key component in the education planning cycle which involves:
- Developing and updating plans that are aligned with provincial goals, outcomes and performance measures and the Division's Vision, Mission, Values and Beliefs;
- Promoting meaningful community engagement;
- Preparing budgets in alignment with resource stewardship, and that support student learning to achieve the Ultimate Goal of Student Success and Well-being;
- Implementing strategies to maintain or improve students learning and achievement;
- Monitoring implementation and adjusting efforts as needed;
- Using results to identify areas for improvement and to develop strategies and targets for the next plan, e.g. evidence-based decision making; and
- Communicating with stakeholders (staff, students, parents, or guardians, school councils, the public and Alberta Education) about school authority plans and results.
- The Board received as information the 2020 Assurance Report, as presented by Director of Strategic Communications, Jordi Weidman.
- The Board received as information the 2020 Technology Services and Educational Technology Report as co-presented by Director of Technology Services, Mark Karaki and Director of Instructional Services, Kathy Mann.