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The risks of having a rainy day fund
School district to weigh the benefits of having contingency fund against the possibility the province will just take it Mike Davies Campbell RiveR miRRoR
The school board will need to determine during future budget processes if the risks of keeping a contingency fund outweigh the benefits. If the School District 72 Board of Trustees uses that money for the benefit of students, they won’t have it for emergencies, but if they keep it for emergencies, there is a risk that the government could just come take it, leaving them with nothing to show for it. Trustee John Kerr told last week’s public meeting of the board that they used approximately $850,000 of their $2.5-million contingency reserve last year to make up for funding shortfalls, and this year they will be using approximately the same amount to make up for unexpected expenses imposed on them by the Ministry of Education, such as the $155,000 technology infrastructure
Continued on Pg. 2
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Wildlife mentor
Reg Westcott, a wildlife rescue educational outreach worker for Mountainaire Avian Rescue Society (MARS), sits with Hyacinth, a two-year-old bald eagle making her public ambassador debut at the 11th annual Bald Eagle Festival Feb. 27 at the Campbell River Maritime Heritage Centre. The theme for this year’s festival was Ambassador Birds are Wildlife Mentors, and the event featured informative presentations, children’s activities, a photo contest, displays and much more. See page 2 for more.
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