Regular Board Meeting Highlights - November 29, 2022

Tuesday, November 29, 2022 - The Board of Trustees is pleased to share with all education stakeholders the highlights of our recent Board meeting held on Tuesday, November 29, 2022. The adopted minutes will be available on our website following the next Regular Board meeting.

Update:

Regular Board Meeting

• The Board welcomed a delegation from Memorial Composite High School to present 'Belonging at Memorial: Building Community, Equity & Belonging 1 Club at a Time.' 
• The Board approved the Audited Financial Statements for the year ended August 31, 2022 as recommended by the Audit Committee. 
  • The independent auditors from PricewaterhouseCoopers LLP provided an unqualified report. The statements presented fairly, in all material aspects the financial position of Parkland School Division. Parkland School Division ended the fiscal year with an operating deficit of ($324,518). Revenue for the year was $136,608,579 while operating expenses were $136,933,097. 
• The Board received as information its 2022-2023 Fall Forecast. The forecasted revenues are $145,092,631 an increase of 5.9% over the budget. The forecasted expenditures are $148,219,223 an increase of 6.4% over the budget. The increases in revenues and expenses are due to the addition of Athabasca Delta Community School in Fort Chipewyan, AB by Ministerial Order after the approval of the budget in the spring and additional grants that were not known in the spring (Fuel Contingency, Learning Loss, and Enrolment Growth). In addition, PSD ended 2021-2022 with a smaller deficit than budgeted and therefore resources were added to further support students. 
• The Board received as information, the Community Partnerships Report as presented by Associate Superintendent, Dr. Meg Miskolzie. The Community Partnership Report describes the Division’s work of building healthy and sustainable relationships with partners across the region. These partnerships take place in order to enhance a teacher’s ability to deliver the Alberta Program of Studies as well as to ensure that children and youth experience success and well-being inside and outside of schools.

The next Regular Board meeting will be held on Tuesday, December 13, 2022 at 9:00 a.m.