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

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) … 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 … Continued

Instructions 1. School districts are not required to submit a Final report if there are no changes to the Preliminary report but this must be communicated to the Ministry prior to September 29, 2025. 2. If changes are required, submit the Final report to the School District Financial Reporting Unit at SDFR@gov.bc.ca by September 29, … Continued

Financial Statement Discussion and Analysis reports provide readers with a more comprehensive understanding of the financial activities of a school district. The information contained in these reports go beyond what Financial Statements alone can provide. Information provided covers the past year’s activities — finances, infrastructure and student achievement. The reports also describe where the school … Continued

As a legal entity, school districts are required under the Budget Transparency and Accountability Act (BTAA) to prepare annually audited financial statements for their business companies. Instructions 1. Visit the School District Financial Statement Reporting web page for more information and instructions. 2. Email your school district’s completed business company financial statements (audited) to the … Continued

Assists timely collection of accounts receivables from First Nations. Allows the Ministry to report back to Indigenous Services Canada (ISC) of outstanding payments to assist in collection. Instructions 1. Visit the Local Education Agreement (LEA) / Indigenous Services Canada (ISC) / Self-Government web page for more information and for a copy of the Local Education … Continued

Pursuant to Sections 156 (Accounting Practices) and 157 (Financial Statements) of the School Act and Ministerial Order 033/09, Boards of Education (Boards) must submit their financial statements in the form required by the Minister. Instructions: See the School District Audited Financial Statement web page for more information. This includes the Audited Financial Statement Instructions, Sample … Continued

School districts are required to provide the Ministry with a Year-End financial report of how the funds for indigenous education, as per the K-12 Funding – Indigenous Education policy, were spent in the 2024/25 school year. Instructions 1. Complete the 2024/25 Indigenous Education – Year-End Financial Report template.   *** Coming Soon. 2. Submit the completed … 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