Vancouver, B.C. – The Vancouver School Board passed a balanced budget for the upcoming 2022-2023 school year during its regularly scheduled meeting on May 30, 2022. As a public sector entity, the Board is required to pass a balanced budget annually by June 30 in accordance with the Schools Act.

To manage the structural deficit, the Board utilized more than $10.6 million from the unrestricted operating surplus (contingency) fund to balance the budget. The budget by-law, read three times and adopted, provides spending of $655,556,574 in next year’s budget. 

The budget includes several new items proposed and passed at the meeting, including:

• $250,000 dedicated to operationalizing and supporting the goals of the forthcoming Anti-Racism and Non-Discrimination Plan
• Funding for a new health and safety manager staff position
• One-time funding of $50,000 for library resources supporting anti-racism education

The Board also adopted a motion to request the Ministry of Education and Child Care to increase funding for additional school-based staff such as teacher librarians and counsellors, and that a robust advocacy campaign be developed with the goal of achieving adequate funding for public education.

Learn more about the budget develop process and read the engagement summary report supporting the Board’s budget deliberations. For more details regarding the budget considerations and decisions by the Board, watch the Board meeting recording.

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For more information contact:

communications@vsb.bc.ca