Vancouver School Board projects $12.34M shortfall 0
Vancouver School Board is projecting a $12.34-million shortfall for fiscal 2014/15 — mainly triggered by salary increases not covered by provincial funding, according to a new report.
According to the VSB’S fiscal framework, Vancouver schools have already slashed more than 70 full-time positions since 2009.
Particularly, the number of teachers has been reduced by more than 130 full-time positions, with only small increases to support staff, such as additional supervision aides.
In the coming year, according to the report, support staff salaries — which are not funded provincially — are expected to rise by $3.62 million.
According to the school board, about 92.3% of its funding will go directly to salaries and employee benefits next year.
This year’s numbers also show the student-to-staff ratio has been the lowest since 2008, partly due to declining enrolment.