Understanding the Funding Formula Ontario Educational Funding 200607

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Understanding the Funding FormulaOntario
Educational Funding - 2006-07

• OCSTA New Trustees Seminar
• January 12, 2007

Jim Hardy, OCSTA Senior Policy Advisor-Finance
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Overview of Per Pupil School Board Spending
(1996)Based on Costing Framework
Exhibit 1
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Education Funding Grants
Exhibit 2
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2006-07 Grant Allocation Projections
Excludes 47 million for School Authorities and
40.5 million in unallocated funding.
Exhibit 3
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Pupil Foundation GrantElementary
Exhibit 4
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Pupil Foundation Grant Secondary
Exhibit 5
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Projected School Board FundingComparison of
2006-07 to 2005-06
Exhibit 6
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Projected School Board Funding2006-07 School Year
Exhibit 7