2019-20 Budget Update
The Toronto District School Board is projecting a budget shortfall of $67.8 million for 2019-20. The shortfall is the result of Ministry of Education grant reductions of $42.1 million and a TDSB annual structural deficit of $25.7 million.
Recently, staff provided Trustees with a proposed balanced operating budget for the upcoming school year. Trustees are now considering the proposed budget reductions at various committee meetings and may make changes to the proposed budget before it goes for final discussion and approval at the June Board meeting. Please note that changes made to the proposed budget are not final until approved by the Board. Trustees have also received written submissions and in-person presentations from parents, students and staff over the past two weeks.
To learn more about the proposed balanced budget and the decision-making process, please visit the 2019-20 Budget