Events from December 10 – November 12, 2027 – Page 5 – Education and Child Care Events from December 10 – November 12, 2027 – Page 5 – Education and Child Care

School District Quarterly GRE Financial Report – December

In accordance with the Budget Transparency and Accountability Act, school districts are to complete a quarterly financial report within two weeks after the conclusion of each quarter (September, December, March, June). A GRE reporting template will be emailed to each district in advance of the reporting due date. Instructions 1. See the Government Reporting Entity web … Continued

Statement of Financial Information Report (SOFI)

For consistency with the Budget Transparency and Accountability Act respecting Public Accounts reporting, a Statement of Financial Information (SOFI) must be submitted by each school district within six months following the corporation's fiscal year end. School District Statements of Financial Information are checked for reasonableness, completeness and conformity with Government legislation. Instructions 1. See this Financial Information Act … Continued

Event-Driven Reporting

In April 2020, school districts were informed that the Province of B.C. had initiated a process for government organizations to record and report on financial transactions that are incremental to regular operations due to a specific major event. The intent of the process is to facilitate consistent financial reporting by the Ministry of Finance across … Continued

Actuarial Study – Appendix II

To support the requirements of the Budget Transparency and Accountability Act (BTAA), school districts must prepare a detailed census of employee benefits at each school district every three years. Templates and instructions will be emailed to each school district to fill in this information. Instructions 1. Read Actuarial Study Instructions and the Actuarial Study Considerations … Continued

Actuarial Study – Retirement Experience

The purpose of this data collection is to allow the actuary to analyze the usage of non-vested sick leave prior to retirement. Instructions Read Actuarial Study Instructions and the Actuarial Study Considerations for School Districts.   ***Coming Soon. These documents provide a summary of the requested data elements as well as a checklist to help each … Continued

Actuarial Study – Census Data

The purpose of this data collection is to provide the necessary census data to allow the actuary to value the post employment benefit liabilities. The accuracy and consistency of this data is essential for the valuation process. The data will be used to value both vested and non-vested post employment benefits. Instructions Read Actuarial Study … Continued