School District 83 unveils surplus/deficit report

Eagle River Secondary as having the biggest surplus in the district at 59 per cent.

Eagle River Secondary

Eagle River Secondary

A School District 83 surplus/deficit report for individual schools listed Eagle River Secondary as having the biggest surplus in the district at 59 per cent.

The secondary school’s budget for the 2015/2016 year was $89,426 with a surplus of $52,508.

“We reached out to the schools and had each of the schools provide an explanation for us why they had a surplus and how they attend to spend it in the following year or why they had a deficit and how they plan to address it,” said secretary treasurer Nicole Bittante.

The school said it had spent conservatively in the year due to an uncertain future. About $20,000 of the surplus will be intended for a reserve use for any programs, equipment and technology purchases required if there is a school configuration change, $21,000 will also be reserved for curriculum resources with remaining funds for additional purchases for equipment and supplies.

The second-highest surplus was Ranchero Elementary at 48 per cent with $12,131 out of their $23,048 budget with intentions to use the surplus amount towards a Literacy Intervention Kit, and technology purchases.

Sorrento Elementary ran a deficit of $4,224 of their $16,272 budget, at 26 per cent. The school said it purchased resources for a Reading Intervention program.

Hillcrest Elementary in Salmon Arm had the second largest deficit with a budget of $22,227 and a $5,154 deficit, at 23 per cent.

SAS Sullivan campus had the largest budget of $110,816 and Len Wood Middle School had the least with $40,046.

The district plans to do a check on the schools in May or June, 2017, said sole trustee Mike McKay.

The budgets are formula-based and dependant on the type of school (elementary, middle or secondary) and enrolment.

A complete list of the school district’s surpluses/deficits can be found in the agenda on the district website.