Bluewater District School Board

Bluewater's BWDSB Authorizes Use of Reserves page

BWDSB Authorizes Use of Reserves

BWDSB Authorizes Use of Reserves for Safe Return to School
Posted on 08/25/2020
BWDSBMediaLogo

For Immediate Release



August 25, 2020

Bluewater District School Board Authorizes Use of Reserves for Safe Return to School


Chesley, ON – At a Special Regular Meeting of the Board on Tuesday, August 25, 2020, Bluewater District School Board trustees passed a motion authorizing staff to access up to two percent of the board’s operating budget, to assist with the safe reopening of schools in September.

This motion follows the Ministry of Education’s recent announcement allowing Ontario school boards to access up to two percent of any accumulated surplus as part of return to school planning.

While staff have yet to determine the specifics, the money will be used to help with various COVID-19 related expenses and practical items to enhance safety measures for students and staff this school year.

In Bluewater District School Board, financial reserves are accumulated over several years to provide a safety net for addressing any urgent needs as they arise. These typically include unexpected repairs, building maintenance and/or renewal, and other unanticipated purposes for local schools and facilities.

The Board of Trustees, who are responsible for oversight of Bluewater District School Board’s annual budget, participate in monthly meetings to discuss and carefully plan for the effective and responsible use of the board’s financial resources.

“Our reserves are built from trustees’ years of hard work and ongoing mid to long term planning for our schools and facilities”, says Chair Jan Johnstone. “This is not new funding for us, and as a small rural board, we are extremely limited in what we can allocate from our reserves. However, our highest priority right now is ensuring we do all that we can to provide for a safe return to school for our students and staff.”



For media inquiries, please contact:
Rob Cummings, Superintendent of Business Services/Treasurer
Bluewater District School Board 519-363-2014, ext. 2008

Bluewater District School Board is located on the traditional land of the Saugeen Ojibway Nation, which is represented by the communities of Saugeen First Nation and Chippewas of Nawash Unceded First Nation.
Website by SchoolMessenger Presence. © 2021 Intrado Corporation. All rights reserved.