On the afternoon of Dec. 12, we received notice of the independent, external investigation of the finances and governance of the Calgary Board of Education from the Minister of Education. We are committed to being fully cooperative and transparent throughout this process.
We are confident in our sound financial and governance practices. We submit all required financial information to the Ministry monthly, quarterly and annually. We continue to receive clean independent audits that show our financial results are fully compliant with legislation, regulation and Canadian accounting standards.
The 2017 operational review of the CBE conducted by the provincial government found that our spending was in line with those of other large school boards in the province. In a large organization that welcomes all students and serves very diverse needs we have made decisions within the financial constraints under which we operate.
We are extremely proud of the work staff do each day across the system to ensure students are at the forefront of everything we do.