DownloadAsset?assetId=F14FC0EBB1C24FAC93A09302BE386549&filename=moe_vsb_review_report_june_2015

More documents

Recommendations

Info

Document 8 A note from VBE dated May 1, 2015 “VSB 23 2015/2016 Preliminary Operating Provisions Budget Approvals” Content On April 30, after four weeks of stakeholder and public engagement, the Vancouver Board of Education provisionally adopted a balanced SY2015/16 Preliminary Operating Budget. The Board is expected to approve the final Preliminary Budget on June 29, 2015 after it has considered the recommendations of this Report. The note summarizes all the budget approvals. 2323 216 Confidential | All Rights Reserved | EY
Vancouver Surrey Central Okanagan Vancouver Surrey Central Okanagan Vancouver Surrey Central Okanagan Vancouver Surrey Central Okanagan Vancouver Surrey Central Okanagan Vancouver Surrey Central Okanagan Vancouver Surrey Central Okanagan Vancouver Surrey Central Okanagan $ million APPENDIX D: Comparison between the budgeted deficit and actual surplus The table below provides a comparison between the budgeted deficit and actual surplus and excludes transfer to and from the LCR: 20.0 Budget vs Surplus (w/o LCR Transfer) 15.0 10.0 5.0 0.0 -5.0 -10.0 -15.0 Amended Budget Actual -20.0 -25.0 2006 / 2007 2007 / 2008 2008 / 2009 2009 / 2010 2010 / 2011 2011 / 2012 2012 / 2013 2013 / 2014 Source: VBE Management and budget documents Confidential | All Rights Reserved | EY 217
Page 1:
DISCUSSION DRAFT - FOR ADVICE OF MI
Page 5 and 6:
Contents 1. Executive summary .....
Page 7:
Terms of reference ► ► ► ►
Page 10 and 11:
FCI FTE IPP Internally Appropriated
Page 13 and 14:
1. Executive summary Confidential |
Page 15 and 16:
► ► ► Maintain significant ex
Page 17 and 18:
Finding: The Initial Preliminary Pr
Page 19 and 20:
Administrative, support and overhea
Page 21 and 22:
Prior to implementing capacity rati
Page 23 and 24:
contribute to sound fiscal manageme
Page 25 and 26:
2. Background and context 2.1 Provi
Page 27 and 28:
2.5 Project objectives and scope In
Page 29 and 30:
3. Budget development and forecasti
Page 31 and 32:
3.2.2 Out of scope The areas below
Page 33 and 34:
Objective: Top recommendations: Rev
Page 35 and 36:
$ million Chart 3.1 - Operating Sur
Page 37 and 38:
services ► Tangible capital asset
Page 39 and 40:
In this report where we refer to th
Page 41 and 42:
3.4.2 Budget timeline 1) The Initia
Page 43 and 44:
3.5 Multi-year forecasts 3.5.1 Fore
Page 45 and 46:
3.5.2 Review of SY2014/15 and SY201
Page 47 and 48:
Included in the revenue adjustments
Page 49 and 50:
SY2016/17 and SY2017/18 forecast We
Page 51 and 52:
4. Accumulated surpluses and defici
Page 53 and 54:
4.2.2 Out of scope The areas below
Page 55 and 56:
$ million 4.4 Review of historical
Page 57 and 58:
History of forecasted deficits vs a
Page 59 and 60:
Internally Appropriated Expenses Th
Page 61 and 62:
EY was advised by VBE that operatin
Page 63 and 64:
$ million $ million $ million To co
Page 65 and 66:
Maintaining a net accumulated surpl
Page 67 and 68:
School year SY2014/15 Accumulated S
Page 69 and 70:
5. Administrative, support and over
Page 71 and 72:
In the pages that follow, key findi
Page 73 and 74:
Objective: Identify opportunities t
Page 75 and 76:
5.4.2 Non - Provincial grant (MEd)
Page 77 and 78:
Finding 5.2 VBE received a $0.06M g
Page 79 and 80:
Finding 5.4 VBE is among the top di
Page 81 and 82:
5.4.7 Tuition - offshore tuition fe
Page 83 and 84:
Most school districts, including Va
Page 85 and 86:
Finding 5.9 In absolute terms, VBE
Page 87 and 88:
VBE’s Facilities team performed a
Page 89 and 90:
5.4.13 Summary of revenue opportuni
Page 91 and 92:
600 14.0% Operating expenditure Mil
Page 93 and 94:
If VBE were to achieve the same lev
Page 95 and 96:
Based on our analysis of the previo
Page 97 and 98:
Table 5.5: VBE and Subset Districts
Page 99 and 100:
Table 5.6 : VBE and Surrey average
Page 101 and 102:
5.5.6 Services and supplies - servi
Page 103 and 104:
5.5.8 Services and supplies - profe
Page 105 and 106:
5.5.10 Services and supplies - dues
Page 107 and 108:
5.5.12 Services and supplies - inte
Page 109 and 110:
5.5.14 Services and supplies - util
Page 111 and 112:
5.5.16 Cost efficiency initiatives
Page 113 and 114:
Table 5.10: Management proposals 20
Page 115 and 116:
Table 5.12: New initiatives Initiat
Page 117 and 118:
Table 5.13: Implementation of Deloi
Page 119 and 120:
Table 5.14: Summary of revenue and
Page 121 and 122:
6. Capital asset management 6.1 Int
Page 123 and 124:
6.2 Scope and approach 6.2.1 Work s
Page 125 and 126:
Top recommen dations: VBE develop t
Page 127 and 128:
Table 6.2: Summary of District’s
Page 129 and 130:
6.4.3 Roles and responsibilities Th
Page 131 and 132:
Current state Section Excess Surplu
Page 133 and 134:
6.5.2 Capital project planning proc
Page 135 and 136:
► 2013/14 Capital Plan covering t
Page 137 and 138:
► ► The lengthy consultation pr
Page 139 and 140:
Recommendation 6.8 The Ministry rev
Page 141 and 142:
Finding 6.5: Reduction in excess su
Page 143 and 144:
Number of Surplus seats In contrast
Page 145 and 146:
Utilization Historical and Projecte
Page 147 and 148:
Low utilization in the east (74%) a
Page 149 and 150:
The assumptions that predicate the
Page 151 and 152:
6.6.5 Net annual cost savings throu
Page 153 and 154:
This has a direct impact on the num
Page 155 and 156:
Table 6.6: Summary of potential ann
Page 157 and 158:
If the 2009 BC Assessment property
Page 159 and 160:
► A school with low enrolment may
Page 161 and 162:
6) Board decision Any decision to c
Page 163 and 164:
uildings). 6.7 Seismic mitigation p
Page 165 and 166:
Table 6.9: Summary of District’s
Page 167 and 168:
Recommendation 6.26 Where VBE is ab
Page 169 and 170:
aggressive capacity rationalization
Page 171 and 172:
Age (Years) 6.8.2 Age of District
Page 173 and 174:
In addition, VBE purports that thes
Page 175 and 176:
6.8.4 Reducing annual maintenance c
Page 177 and 178: Recommendation 6.33 Other school di
Page 179 and 180: access the upside of land re-develo
Page 181 and 182: Table 6.14: Summary of potential fi
Page 183 and 184: 7. Board governance 7.1 Introductio
Page 185 and 186: ► Accomplish goals designed to br
Page 187 and 188: 7.2.3 Methodology and approach Plan
Page 189 and 190: ► Leading practice and peer analy
Page 191 and 192: 7.4 Key findings and recommendation
Page 193 and 194: Board Priorities The Comptroller Ge
Page 195 and 196: These Standing Committees are addit
Page 197 and 198: to a hybrid of VBE’s People and S
Page 199 and 200: Board of Trustees’ performance se
Page 201 and 202: Recommendation 7.4.A Board of Trust
Page 203 and 204: Recommendation 7.5.B During the cou
Page 205 and 206: 8. Other matters All other matters
Page 207 and 208: 9. Summary of recommendations Ref R
Page 209 and 210: Ref Recommendation Ministry of Educ
Page 217 and 218: Appendices 9. Other matters Confide
Page 219 and 220: Document Overview of Class Size and
Page 221 and 222: Document Class size and student ach
Page 223 and 224: Document Vancouver Board of Educati
Page 225 and 226: APPENDIX C: Budget documents prepar
Page 227: Document 5 A Restoration Budget pre
Page 231 and 232: APPENDIX F: Progress review of prev
Page 233 and 234: Previous recommendations ► ► po
Page 235 and 236: Previous recommendations ► ►
show all

DownloadAsset?assetId=F14FC0EBB1C24FAC93A09302BE386549&filename=moe_vsb_review_report_june_2015

Create successful ePaper yourself

Delete template?

Save as template?