The Lambton Kent District School Board has approved a balanced budget of $369.36 million for the 2024/25 school year.
Board trustees made the approval at a recent regular meeting.
According to a media release, the board’s revenue forecast is based on the Ministry of Education’s Core Education funding formula. Ontario’s education budget, released April 26, is $28.6 billion, which averages out to $13,852 per student.
Projected enrolment for the LKDSB in the coming year is 21,511 pupils, comprised of 14,580 elementary and 6,931 secondary school students. There are 62 schools within the board.
The St. Clair Catholic District School Board passed its budget for the next year recently as well, and will spend $141 million to serve close to 9,000 students in 22 schools.
The board estimates it will welcome 6,341 elementary and 2,565 high school students in the coming year.
