Loyalist Collegiate and Vocational Institute

View All News

Board of Trustees Approves 2026–2027 School Year Budget

Font Size: A+ A- Reset
Posted on 2026-06-18 13:49:18.755 +0000 UTC

At its regular meeting on June 17, 2026, the Limestone District School Board of Trustees approved a $340.5 million budget for the 2026–2027 school year. This is a deficit budget balanced through the use of reserve funds.

The approved budget complies with Ministry of Education requirements and includes:

  • Operating expenditures of $316.8 million, representing a $73,000 decrease compared to the previous year.
  • Capital expenditures of $23.7 million, allocated to school condition improvements and renewal projects.

The vast majority of the operating budget is directed to student instruction and relates directly to classroom support. Capital funding is used to fund school condition improvements and school renewal projects.

The Board continues to face financial pressures in several key areas, including:

  • Special Education
  • Staff Replacement
  • Student Transportation
  • Statutory Benefits

Resources: