The budget for September 1, 2017 to August 31, 2018 has been approved by the Elk Island Public Schools (EIPS) board of trustees.
 
The 2017/18 operating budget of $207.2-million was originally approved back in May, but each fall, as school begins, it gets updated to factor in enrollment numbers, revenue changes, staffing and expenses.
 
“Overall the budget provides that stability for schools and maintains our commitment to student achievement and allows us to continue to offer the best possible education opportunities for all of our students,” said EIPS board chair, Trina Boymook.
 
The board wanted to ensure the continued support towards learning taking place in the classroom, funding of an early learning program, student achievement initiatives, professional learning opportunities, new curriculum reports, school equipment replacement and one-time expenses not covered by Alberta Education.
 
They used $4.9-million from their operating reserves to ensure that stability.
 
The surplus for EIPS is estimated to reach $18.8-million by August 31, 2018.
 
Board and system administration spending sits at 3.4 per cent of the division’s total expenses. The maximum enforced by Alberta Education is 3.6 per cent.
 
Student enrollment is at 17,147 with 1,440 staff members.

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