SD73's 2022-2023 Draft Annual Budget Revealed

Posted On Wednesday April 06, 2022

School District No. 73 (Kamloops-Thompson) Board of Education presented its draft budget and priorities for the upcoming school year.

An estimated $207 million, the 2022-23 Annual Budget is comprised of three different funds: Operating, Capital, and Special Purpose.

Operating Funds are approximately 84% of the overall annual budget and are dedicated to staffing, programming, supports, and services enabling students to meet or exceed literacy and numeracy expectations, to transition grade-to-grade on time, and develop competencies to achieve their life goals through career programming. Operating funds also enable sought-after programming such as the RCMP Youth Academy. These experiences exemplify how SD73 supports learning opportunities and environments for students to thrive.

Capital Funds comprise approximately 6% of the overall annual budget and support facility upgrades, childcare spaces, and purchasing of portable classrooms. Exceptional growth in the community and region has put unacceptable pressure on a number of neighbourhood schools. With enrolment numbers climbing by the equivalent of a medium?- sized elementary school each year, SD73 has required 13 school catchment area changes since April 2021 and the re-opening of two schools in five years.

Special Purpose Funds are 10% of the overall annual budget and are targeted by the Ministry to their intended purpose such as CommunityLINK (e.g., food security), Classroom Enhancement Fund (Teachers), Support Staff Learning Improvement Fund (Certified Education Assistants), Early Learning (e.g., Seamless Day), Mental Health, and School Generated Funds (school activities, fundraisers). These targeted funds provide much-needed services and should ideally be part of operating funds.

Key initiatives:


Enrolment, Safety & Cost Pressures:

  • Teacher Staffing
  • Additional custodians for increased space
  • Continued COVID-19 enhancements – day-shift custodians and MERV13 HVAC filters
  • Cost escalations – benefits, fuel, parts, utilities, custodial supplies

2022-2023 Draft Annual Budget – Summary 
Operating Fund                         173,117,257
Capital Fund         13,486,863
Special Purpose Fund    20,534.89

Please review the 2022-2023 Draft Annual Budget and offer your feedback at by April 19, 2022.

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