Page 71 - ECCS 20-21 Budget Overview

•If enrollment is significantly higher than projected, and budgets must be balance, where will the funds come from? Adjustment of funding will be made in subsequent year;
•! ECCS projected an increase of 4 students for ECS, 21 students for grades 1-9 and 15 students for grades 10-12.
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$ 6670.40/student three years $ 3,335.70/student four years $ 1,667.20/student five years
Home School students funded at $ 1,700/student. $ 850.00 must be provided to parents for student resources. Amounts not paid to parents must be returned to Alberta Education
Outreach grant of $ 150,000 applied to instruction and facility costs
Distance Education grant generated by School of Hope allocated to School of Hope
Exceptions to student FTE based grants:
Online high school base funding of $ 6,670.40 for first three years of high school for students who completed at least 30 credits in the year, otherwise funded at $ 1,000.
Online high school base funding for 4th and 5th year of high school at $ 1,000/year
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Budget for the projected increases are allocated to a contingency budget and will be allocated to schools if enrollment increases. If increase greater than projection, ECCS will receive an adjustment in the 2021-22 grant for the grant shortfall. If increase less than projection, Alberta Education will recover by decreasing 2021-22 grant payments for the 2020-21 overpayment.
Base grants funded at Weighted Moving Average ( 20% 2018-19 enrollment, 30% on 2019-20 and 50% on 2020-21 projections)
ESC base grant is $ 3,032/child
Grade 1-9 base grant $ 6,064/student
Theresetta and Christ-King receive Rural Small School grant instead of base grant per child/ student
Grade 10-12 High School base grant is:
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i.! ii.! iii.!
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iii.Minister did not approve full funding for shared students with at least 75% teacher directed program. All Shared students:
East Central Catholic Schools -
https://www.ecacs.ca - 780-842-3992 - “Together we live our faith and engage in life long learning”.
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received base funding of $ 2,400,
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