The Ottawa Catholic School Board (OCSB) has approved a budget of $649.5M for the 2023-2024 academic year. The balanced budget includes the use of $5.9 million from a planned drawdown from reserves that is within the 1% use permitted by the Ministry. The Board has healthy reserves of over $34 million for future use. The budget is designed to accommodate an expected enrolment of 47,639 students, which is 2.4% higher than the previous year, resulting in an additional 1,119 students. The budget includes 124.6 new full-time equivalent staffing positions, including 54 education assistants and two mental health workers.
This budget focuses on maintaining spending on our Strategic Commitments and Spiritual Theme while achieving savings through efficiency measures and cost reductions. Learn more about the full budget in the OCSB Board Meeting Agenda for June 13, 2023.
