Wednesday, February 25, 2015

Catholic board trustees consider two options to tackle $16.9 million deficit

No decisions were made at the special meeting to discuss the deficit budget the Toronto Catholic District School Board is running, but trustees raised some key questions.

The Monday, Feb. 23 meeting was called after the board became aware of accounting errors totaling a $9 million deficit in the 2014-2015 school year budget. Currently, the board is running a $16.9 million deficit budget, and if cuts aren’t made – fast – the deficit will increase to $22 million by the next school year.

“We were spending money we did not have,” said Michael Del Grande, the chair of the board. “Adjustments need to be made.”  (more...)

Liz will help cut you down to size.. and banish any homophobia.

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