$8.1M in holdback funds distributed to B.C. school districts

The Province is immediately providing each of B.C.’s 60 school districts with an additional $15 per student, for a total of $8.1 million.

  • May. 29, 2011 1:00 p.m.

The Province is immediately providing each of B.C.’s 60 school districts with an additional $15 per student, for a total of $8.1 million.

This funding is part of the holdback the Ministry of Education retains for potential enrolment increases throughout the year.

Typically, provincewide enrolment is higher than what districts have predicted and this contingency is necessary to cover funding for the additional students. Because district estimates were relatively accurate this year, the Province is in a position to share the remaining holdback funds among all school districts.

 

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