March 2018 Inside this issue:
CHAMBER at a glance
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a publication of the Brandon Chamber of Commerce
President’s Message The Funding of Schools Program is the mechanism used to calculate funding to public school divisions in Manitoba. Funding is calculated using each school division’s enrolment, property assessment base With the recent City of Brandon and expenditure levels. It is governed budget coming in at a very by the Funding of Schools Program impressive increase of only .42% Regulation M.R. 259/2006. A funding (Although zero would have been booklet is published annually that better), we will now turn our focus Tami-Rae Rourke provides detail of the grant onto the Brandon School Division Chamber President calculations and can be accessed at and their upcoming budget www.edu.gov.mb.ca/k12/finance/ discussions. Recently, the expenditure, pupil/educator ratio, Honourable Ian Wishart, Minister of schfund/index.html assessment per pupil and Special Education and Training held a news Levy mill rate for each school division. This will provide you with a conference and all school boards You may also be interested in the quick overview to compare Brandon have been asked by the province to annual FRAME (Financial Reporting with all other school divisions in the keep their education property tax and Accounting in Manitoba increases to, no more Education) reports province. than, two per cent. that summarize We are taking What I will not claim is that I fully each division’s understand all of the statistics that I On behalf of the revenues, this increase read; however, it is very informative Chamber, I did reach expenditures, very serious out to the enrolment, staffing and does provide details in funding, and are Honourable Ian and taxation levels. as well as, comparisons with other listening to you, Wishart, Minister of They are available school divisions. I highly recommend that you visit these sites and read the Education and at the members. information presented. Knowledge is Training, requesting information regarding how the www.edu.gov.mb.ca/ Power. calculation for School Division k12/finance/frame_report/ funding is calculated. The following index.html. On the last page of these What the Brandon Chamber will do is response was received: reports is a statistical summary that stay informed and continue to openly communicate with the shows the per pupil operating With spring hopefully around the corner, and warm weather on the horizon we are here again enjoying another glance article!
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