BC Education: Estimated Operating Grants for 2002/03

Doing a comparison is definitely beyond my abilities. Is anyone up for this challenge that can compare apples to apples and oranges to oranges for a comparison from a parent’s perspective?

 

Source: http://www2.gov.bc.ca/gov/content/education-training/administration/resource-management/k-12-funding-and-allocation/operating-grants

The Funding and Allocation Branch is responsible for developing and maintaining an equitable funding formula for the public Kindergarten to Grade 12 education system.

It develops financial management policies and standards that support the allocation of more than $4.5 billion annually to public school boards.

The branch works closely with all education stakeholders to examine funding issues, ensuring that education funding is allocated on a fair and equitable basis.  It develops and maintains various funding formulas to achieve government’s education financing goals.

It is also responsible for the work required to calculate and meet the demands of the ongoing and emerging needs of educator and support staff identified through collective bargaining.

The links below allow one to do a comparison between then and now.
The estimates for the 2002/03 operating grants have been completed for the 60 school boards using the new, student-based funding formula that was approved by Cabinet on February 19, 2002. These allocations are based on the provincial allocation of $3.79 billion that was announced on February 1, 2002, and on projected enrolment of 580,413 FTEs for the 2002/03 school year.

2001/02 FUNDING ALLOCATION SYSTEM FORMULA DESCRIPTIONS

2002/03 OPERATING GRANTS MANUAL

 

 

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