Sask. Rivers using reserve funds to balance 2023/24 budget
The Sask. Rivers Public School Division has approved its budget for next year but said the extra funding from the province is still not enough.
During the Board of Trustees meeting on Monday, CFO Jerrold Pidborochynski presented the proposed 2023/24 budget, including the recent additional funds announced by the province. An extra $900,000 was given to the SRPSD as part of a province-wide funding top-up of $40 million.
Despite that extra funding, the Board still had to use $975,000 of its reserve funds to balance this year’s budget.
“That money is going into continuing the literacy initiative,” said Superintendent Garret Tebay, who added the Cree language program and technology needs like Smartboards were also covered by the reserve funds.