The Lester B. Pearson School Board’s (LBPSB) Council of Commissioners adopted its budget for the 2011-2012 school year at its June 27 council meeting.
The LBPSB budget has $217,252,302 in revenues and $219,263,913 in expenses. The Minister of Education, Leisure and Sports has frozen school board surplus’ but is permitting boards to use up to 10 per cent of the accumulated surplus to June 30, 2010, excluding the book value of land. With this 10 per cent, the school board is presenting a balanced budget.
The LBPSB will be welcoming students to its newest elementary school, Birchwood Elementary School in Saint Lazare, for the 2011-2012 school year.