Lambton Kent District School Board approves budget for 2024/2025

The Lambton Kent District School Board (LKDSB) trustees have approved a balanced budget of $369.36 million for the 2024/2025 school year.

The Board's revenue forecast is based on the Ministry of Education's Core Education funding formula, a restructured version of the former Grants for Student Needs. The total provincial education budget, released on April 26, equals $28.6 billion, averaging $13,852 per student. The projected average daily enrolment for the upcoming school year is 21,511 pupils, consisting of 14,580 elementary and 6,931 secondary students.

"One of the LKDSB's Strategic Priorities is 'Sustainable Stewardship: Optimize human, financial and physical resources,'" explained LKDSB Director John Howitt.

"This requires us to regularly assess and prioritize our budgeting processes to ensure that we are supporting all of the other strategic priorities, including Student Achievement and Well-Being; Inclusive Diversity; and Trusting Relationships. We appreciate the ongoing efforts of staff to put students first and make responsible decisions to maximize student programming and funding allocations that support student success and well-being."

"We are very pleased to see a balanced budget," announced Board Chair Randy Campbell.

"And we know the incredible amount of time, effort, and work that it took from the LKDSB staff team to get to this point."

The Lambton Kent District School Board provides quality educational services to more than 21,500 students in 62 elementary and secondary schools across the Sarnia-Lambton and Chatham-Kent communities. The budget year runs from September 1, 2024, to August 31, 2025. The complete budget report can be found at Budget & Financial Information at LKDSB - Lambton Kent District School Board.

Matt Weingarden, Local Journalism Initiative Reporter, Tilbury Times Reporter, Tilbury Times Reporter