Ministry Announces School Board Funding, TDSB Faces Projected $54.4-Million Deficit
On Friday, April 26, the Ministry of Education released the funding for school boards, including the Toronto District School Board, known as the Grants for Student Needs (GSN).
Following a preliminary analysis of the grants, the TDSB's funding will decrease by $21.2 million, and possibly more, for the 2019-20 school year. Overall, the Board is still projecting a shortfall of $54.4 million for the upcoming year.