- Page 1: DISCUSSION DRAFT - FOR ADVICE OF MI
- Page 6 and 7: 7.3 Summary findings and recommenda
- Page 9 and 10: Defined terms Accumulated surplus A
- Page 11: SPP Subset Districts SY The Act Unr
- Page 14 and 15: 1. Executive summary On March 12, 2
- Page 16 and 17: We have identified numerous cost ef
- Page 18 and 19: Accumulated Surpluses and Deficits
- Page 20 and 21: Recommendation: VBE explore opportu
- Page 22 and 23: Board governance The scope of the g
- Page 24 and 25: 2. Background and context 12 Confid
- Page 26 and 27: The district manages a diverse buil
- Page 28 and 29: 3. Budget development and forecasti
- Page 30 and 31: funds Net accumulated surplus Prior
- Page 32 and 33: ► Interviews with key stakeholder
- Page 34 and 35: Objective: Review the 2014/15 to 20
- Page 36 and 37: and changes in operating parameters
- Page 38 and 39: Actual staffing levels and payroll
- Page 40 and 41: 3.4.1.5 Other documents In addition
- Page 42 and 43: 3.4.3 Developing budget priorities
- Page 44 and 45: VBE’s approach to forecasting rev
- Page 46 and 47: VBE forecast for SY2015/16 Item Pri
- Page 48 and 49: VBE asserts, with merit, that the u
- Page 50 and 51: 4. Accumulated surpluses and defici
- Page 52 and 53: At June 30 2014, the Accumulated Su
- Page 54 and 55:
4.3 Summary findings and recommenda
- Page 56 and 57:
The differences between the budgets
- Page 58 and 59:
Strike and job action savings In SY
- Page 60 and 61:
Surpluses restricted for one-time e
- Page 62 and 63:
The graph below summarizes the inte
- Page 64 and 65:
We observed most school districts h
- Page 66 and 67:
4.5 Use of accumulated surplus The
- Page 68 and 69:
5. Administrative, support and over
- Page 70 and 71:
5.2.3 Methodology and approach A da
- Page 72 and 73:
Objective: Current state findings:
- Page 74 and 75:
Table 5.1: VBE revenue streams Reve
- Page 76 and 77:
Recommendation 5.1 Ministry work wi
- Page 78 and 79:
Finding 5.3 VBE received no Federal
- Page 80 and 81:
5.4.6 Tuition - continuing educatio
- Page 82 and 83:
from the international markets, whi
- Page 84 and 85:
eviews, as well as health and welfa
- Page 86 and 87:
Additionally, other educational rev
- Page 88 and 89:
5.4.12 Investment income The follow
- Page 90 and 91:
Expenditure Student Headcount Milli
- Page 92 and 93:
Millions When comparing both staffi
- Page 94 and 95:
Table 5.4: VBE cost base Salaries a
- Page 96 and 97:
5.5.4 Salaries and benefits The fol
- Page 98 and 99:
Table 5.5: VBE and Subset Districts
- Page 100 and 101:
5.5.5 Services and supplies The fol
- Page 102 and 103:
5.5.7 Services and supplies - stude
- Page 104 and 105:
5.5.9 Services and supplies - renta
- Page 106 and 107:
5.5.11 Services and supplies - Insu
- Page 108 and 109:
5.5.13 Services and supplies - supp
- Page 110 and 111:
5.5.15 Summary of potential cost sa
- Page 112 and 113:
Table 5.9: PwC VSB resource allocat
- Page 114 and 115:
Table 5.11: PwC VSB resource alloca
- Page 116 and 117:
have used PwC’s assessment of VBE
- Page 118 and 119:
Table 5.13: Implementation of Deloi
- Page 120 and 121:
6. Capital asset management 108 Con
- Page 122 and 123:
The Government of British Columbia
- Page 124 and 125:
In addition to the above, section 6
- Page 126 and 127:
The rest of this section 6 outlines
- Page 128 and 129:
VBE VBE generates revenue from the
- Page 130 and 131:
VBE guiding principles 3. The prior
- Page 132 and 133:
6.5 Capital asset management planni
- Page 134 and 135:
6.5.3 Stage one - Project identific
- Page 136 and 137:
Recommendation 6.3 VBE must complet
- Page 138 and 139:
Elementary School and L’Ecole Bil
- Page 140 and 141:
Surrey advised that it has also exp
- Page 142 and 143:
Utilization Number of Students Reco
- Page 144 and 145:
Number of Students Utilization Desp
- Page 146 and 147:
The following location map shows th
- Page 148 and 149:
6.6.4 Setting the limit of capacity
- Page 150 and 151:
The above approach resulted in the
- Page 152 and 153:
Estimate of Annual Net Cost Savings
- Page 154 and 155:
► EY has adopted the approach in
- Page 156 and 157:
VBE holds the second largest portfo
- Page 158 and 159:
As a component of this capacity rat
- Page 160 and 161:
There appear to be few impediments
- Page 162 and 163:
These costs can be mitigated or com
- Page 164 and 165:
6.7.2 Extent of VBE’s SMP require
- Page 166 and 167:
6.7.3 Impact of SMP projects on red
- Page 168 and 169:
It is understood project developmen
- Page 170 and 171:
6.8 Deferred maintenance 6.8.1 Key
- Page 172 and 173:
Deferred Maintenance ($M) approxima
- Page 174 and 175:
Using these same assumptions with r
- Page 176 and 177:
Recommendation 6.31 VBE undertake a
- Page 178 and 179:
6.9.2 Reduction in leases In the 20
- Page 180 and 181:
Table 6.14: Summary of potential fi
- Page 182 and 183:
7. Board governance 170 Confidentia
- Page 184 and 185:
School Governance based on informat
- Page 186 and 187:
7.2 Scope and approach 7.2.1 Work s
- Page 188 and 189:
Assessment criteria Area of focus R
- Page 190 and 191:
Objective: Review Board governance
- Page 192 and 193:
Since the 2010 report, while the Fi
- Page 194 and 195:
Recommendation 7.1.A Specific to Au
- Page 196 and 197:
Recommendation 7.2 Board of Trustee
- Page 198 and 199:
Recommendation 7.3.B There is an op
- Page 200 and 201:
Spotlight on - Chilliwack School Bo
- Page 202 and 203:
To date, VBE continues to employ an
- Page 204 and 205:
8. Other Matters 192 Confidential |
- Page 206 and 207:
9. Summary of recommendations 194 C
- Page 208 and 209:
Ref Recommendation Ministry of Educ
- Page 210 and 211:
5.8 In the next round of collective
- Page 212 and 213:
Ref Recommendation Ministry of Educ
- Page 214 and 215:
Ref Recommendation Ministry of Educ
- Page 216 and 217:
Ref Recommendation Ministry of Educ
- Page 218 and 219:
APPENDIX A: Documents and materials
- Page 220 and 221:
Document Working paper on accumulat
- Page 222 and 223:
Document Private Committee I Agenda
- Page 224 and 225:
APPENDIX B: Interviews completed In
- Page 226 and 227:
Document 3. The SY2015/16 fiscal fr
- Page 228 and 229:
Document 8 A note from VBE dated Ma
- Page 230 and 231:
APPENDIX E: Accumulated surplus res
- Page 232 and 233:
Previous recommendations ► (OCG,
- Page 234 and 235:
Previous recommendations ► ► Id
- Page 236:
EY | Assurance | Tax | Transactions