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St. James-Assiniboia School Division
Great Schools for Growing and Learning
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Budget

Please click here to view the 2017-2018 Budget Report 

Draft Budget Cover 2.jpg

Consolidated Financial Statement 

Please click here to view St. James-Assiniboia School Division Financial Statements June 30, 2016

St. James-Assiniboia School Division Great Schools for Growing and Learning 

Comprehensive Educational Programming and Low School Taxes! 

2017/2018  BUDGET SUMMARY

Provincial Funding
 St. James-Assiniboia received a (2%) cut in Provincial Funding after five consecutive years of 0% increases
Overall Provincial Funding as a total of Operating Revenue has decreased from 72.95% in 1985 to 53.01% in 2017

Continuing to provide innovative and quality programming at a low mill rate
St. James-Assiniboia 13.111 (2017)
St. James-Assiniboia 12.415 (2016)
Metro Average 13.533 (2016)

Property Assessment
St. James-Assiniboia 2017 Portioned Assessment increased by 0.79%
Metro Average 2017 Portioned Assessment increased by 1.31%

Gross Operating Reserve:
$3,118,407 or 2.88% of 2017/2018 operating expenditures (the Provincial Government guideline is 4%)

Average Home Value
$267,600 (2017)
 School Tax Increase 5.61%
 School Tax Increase $83.82 or $6.99 per month 

Operating Expenditures:
Operating expenditures $108,289,892 (2017)
Increase of $2,377,384 or 2.24%
Many of the Operating Expenditures have offsetting revenues

Major Initiatives
5-Year Plan for the repairs/renovations of school buildings - $11.5 million
5-Year Plan for Technology Network upgrades and replacement - $8.6 million

Administrative Costs
Administrative costs are 3.13% (the Provincial Government guideline is 3.50%)