Budget and Financial Reports

2025-26 Budget Reports and Presentations

Message From the Chair of the Planning and Priorities Advisory Committee

Dear Thames Valley Community,

With the new year upon us, the Thames Valley District School Board (TVDSB) is beginning the budgeting process for the 2025-2026 school year.

Like many school boards across Ontario, TVDSB is facing a budget shortfall due to rising costs, enrolment and funding pressures. As a result, difficult decisions will be required to balance the budget while ensuring that we continue to provide a high-quality education for all our students.

While these challenges are significant, our commitment to students remains at the forefront of our decision-making. We are working diligently to identify efficiencies in all areas and will make every effort to ensure that necessary reductions do not compromise the educational experience.

We recognize that these decisions will affect not only our students and staff, but also the broader communities we serve. As Chair of the Planning and Priorities Advisory Committee, I can assure you that we are committed to maintaining transparency throughout this process. We will keep the entire Thames Valley community informed and engaged every step of the way.

We encourage members of the Thames Valley community to participate in the upcoming Planning and Priorities Advisory Committee meetings, where you will have the opportunity to provide input and stay updated on the budget process. Meeting dates and times will be posted on our website at calendar.tvdsb.ca/board. Your feedback is essential in helping us make well-informed decisions that best serve the needs of our students and the community.

Thank you for your continued support and collaboration. Together, we will navigate these challenges and continue to prioritize the success and well-being of every student in our district.

Sincerely,

Arlene Morell

Chair, Planning and Priorities Advisory Committee

Budget Presentation

Thames Valley District School Board provided a public presentation on the Budget on Tuesday, April 8.

View the Budget Presentation materials (PDF)

Budget Presentation Questions and Answers

Question 1:

On the 2024-2025 Operating Revenue slide, page 11 of the presentation, can you provide more detail on what is included in ‘Other’ and ‘Special Program Revenue’ on the chart on the right?

Answer 1:

Special Program Revenue includes funding for specific programs such as Literacy and Basic Skills (LBS), Language Instruction for Newcomers to Canada (LINC), Ontario Youth Apprenticeship Program (OYAP) and English As a Second Language (ESL).

In the category of Other, examples include lease revenue and interest income

Question 2:

On the Expenses by Type slide, page 14 of the presentation, can you provide more detail on the ‘Other’ category?

Answer 2:

The majority of the expenses relate to the financing of legacy capital projects (for which an equal amount of revenue is received through the Core Ed funding).

Question 3:

On page 16 of the presentation, the slide states ‘The Board has two years to address its cost structures and eliminate the deficit’. What is the board’s plan?

Answer 3:

A deficit recovery plan will be presented for approval by trustees in June.

Question 4:

Why are enrolment changes a budget challenge?

Answer 4:

We have to estimate enrolment in the spring for the next school year based on the best information at the time. Higher than expected enrolment may require additional classroom space and portables that are not available quickly. Lower than expected enrolment results in planned expenses greater than available funding. It is difficult to significantly change planned expenses in-year.

Question 5:

When can we expect to see the plans for next year and the budget?

Answer 5:

We are hopeful the grant announcement will be available at the end of April so that we would be able to present a preliminary budget on June 3^rd.