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Budget & Finance

Budget & Finance Operating Budget for Next Year

Operating Budget for Next Year

​Operating Budget 2021-22​​

The Calgary Board of Education is committed to advancing student success, safety, and sustainability through the ongoing development of its 2021-22 budget.

On March 31, school districts received their individual funding profiles from Alberta Education, following the government release of the 2021 budget on Feb. 26. The government provided nearly the same funding for next school year as this school year. Stable and predictable funding helps the CBE deliver the best possible outcomes for students.

Using the detailed information from its funding profile, CBE Administration developed a Budget Assumption Report (BAR), which was presented to the Board of Trustees on April 6. The BAR lays out the assumptions Administration will use to build the 2021-22 budget.

Given a modest increase to Alberta Education funding, the CBE committed to delivering more money to schools through the Resource Allocation Method (RAM) in comparison to 2020-21. At the same time, the CBE continues to update its RAM formula in line with our focus on equity and ensuring all students succeed regardless of personal circumstance.

In early May, service units and schools will finalize their budgets. On May 18, the CBE’s 2021-22 budget will be presented to the Board of Trustees for approval. 

In keeping with legal requirements, a balanced budget will be submitted to Alberta Education before May 31.
 
Last modified: 4/29/2021 10:04 AM
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