The Revelstoke School District passed its preliminary budget for the 2015-16 school year on Wednesday.
The $12,994,939 budget was passed at the May 27 meeting of the Revelstoke Board of Education following a series of finance committee meetings.
“Even though the ministry provided additional funding, it didn’t cover the cost pressures,” said secretary-treasurer Bruce Tisdale, adding the district was able to maintain class sizes and staffing ratios.
The school district is expected to receive $12,793,566 in funding next school year, up about $368,000 from this year. That’s the result in an $200-per-student increase in funding. However, Tisdale said rising costs like salary increases, benefit increases, and hikes in utility costs will more than offset the increase.
The school district wouldn’t give a figure for the budget shortfall that had to be overcome to produce a balanced budget.
The district was also expected to find about $59,000 in administrative savings, as mandated by the province.
Superintendent Mike Hooker said there were few enrolment-related cuts; enrolment is expected to be down a minimal amount, to 925 full-time-equivalent students next year.
“We were able to take some class time out of the high school without impacting course selection,” said Hooker.
Spending on teachers will be up about $110,000 to $8,592,335. Spending on district administration staff has been reduced by about $20,000 to $587,000, with the some of the hours of one district principal allocated to teaching.
Operations and maintenance expenses are up by more than $300,000 to $3,642,285, while transportation costs are down by about $38,000 to $263,319.
The school district is forecasting a $111,456 deficit next year.
The budget is preliminary and is subject to change depending on final enrolment numbers.