Pursuant to sections 156 and 111 of the School Act, Boards of Education are required to prepare and submit an annual budget to the Minister. This is the Board's legal budget for the school district, which permits it to spend money during the school year. Instructions 1. See the School District Budget Reporting web page … Continued

As required under Public Sector Accounting Standards (PSAS), school districts must provide financial statement disclosure relating to their Employee Future Benefits Liability. The actuarial calculation tool, preloaded with the most recent actuarial results, will generate the required disclosure. Instructions 1. See Liabilities for Employee Future Benefits for more information.  *** Coming Soon. 2. School district’s … Continued

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 … Continued

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

Instructions 1. Complete the 2024/25 Year-End CEF Reporting Template.  *** Coming Soon. 2. Submit the report to the School District Financial Reporting Unit at SDFR@gov.bc.ca by July 18, 2025 (Preliminary) / September 29, 2025 (Final). School districts are not required to submit a Final report if there are no changes to the Preliminary report but … Continued