Next Steps In Funding Formula Changes
Since coming to office, the McGuinty government has made significant changes to the education funding formula and increased its investment in Ontario's publicly funded education system by $3.7 billion -- an increase of $2,156 per pupil or 29 per cent.
The new investment of $182 million for the 2007-08 school year announced today, combined with an additional $127 million in 2008-09, will support further improvements to the education funding formula through a variety of ways.
For 2007-08, the changes announced today include:
- $41 million to fund 300 more vice-principals and ensure funding better matches actual staffing costs
- $20 million to fund 240 more teachers to reduce class size in primary grades
- Investment to ensure funding better matches actual costs
- $21 million for professionals and para-professionals
- $19 million for supply teachers
- $20 million for education assistants and special education
- $12 million for secretaries
- $20 million for school operations
- $12 million for student transportation
- $12 million for rural schools, including funding for over 100 additional schools through our Supported Schools Allocation
- $5 million to deliver an additional $1,000 per school for school office supplies.
For 2008-09, additional changes announced today include further investments to ensure that funding better matches actual costs:
- $50 million for non-salary compensation
- $10 million for Special Education staffing and costs
- $10 million for school operations
- $10 million for student transportation
- $10 million for English-as-a-Second-Language and Perfectionnement du français
- $10 million for the operation of small boards
- $10 million to expand local education priorities through the Program Enhancement Grant
- $10 million in funding to support the construction of $140 million worth of schools in areas of local growth
- $6.5 million for Continuing Education and Adult English-as-a-Second-Language and Perfectionnement du français.