By the Numbers

At the June 12, 2024 Special Board Meeting, Waterloo Region District School Board (WRDSB) trustees approved a balanced budge. The 2024-25 school year budget includes $899.5M in operating budget and a capital budget of $91.4M. The total budget is $991 million.

The WRDSB’s budget is more than just numbers – it represents staff and facilities that support the academic success and well-being of students each day. The WRDSB has been prudent and fiscally responsible in its spending for several years. WRDSB maintains support for literacy, math, staff and student well-being, while ensuring a balanced budget.

The development of the WRDSB’s operating budget includes many factors which can change over the course of a school year. The process to develop the annual operating budget include:

Obtaining Ministry funding and directives
Establishing the WRDSB’s financial position (accumulated surplus and deficit)
Alignment with the WRDSB’s Strategic Plan

WRDSB created a Budget Summary to increase transparency, accountability and to help families, caregivers and community members better understand our expenses, sources of revenue, and provincial funding.

How we spend our funding is directly connected to our operational goals: