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INFORMATION BULLETIN

 

For Immediate Release

2004BCED0001-000057

Jan. 30, 2004

Ministry of Education

 

PROVINCE INCREASES EDUCATION FUNDING BY $85 MILLION

 


VICTORIA – The province will increase funding to operate B.C. public schools by $85 million next year. Education Minister Tom Christensen confirmed the amount today in keeping with the Feb. 1 deadline set in the School Act.

 

The 2004-05 operating funding for B.C.’s 60 school districts will be $3.875 billion, up from $3.79 billion this year. The amount is consistent with the budget forecast in the ministry’s three-year service plan.

 

The $85-million increase includes $50 million for district operating budgets and $35 million for school districts to implement generally accepted accounting principles.

 

The funding amounts to about $6,748per student, based on BC Stats enrolment projections. Next year, B.C. schools are projected to have about 574,219 full-time equivalent students, a decline of nearly 6,265 students from this year. Enrolment has declined by more than 21,300 students in the past five years.

 

Operating funding per student has increased by $904 since 1998.

 

Year

Operating funding

FTE students

Per student funding

1998-99

$3.52 billion

602,678

$5,844

1999-00

$3.60 billion

601,846

$5,983

2000-01

$3.72 billion    

597,948

$6,216

2001-02

$3.77 billion

595,157

$6,328

2002-03

$3.79 billion

587,247

$6,455

2003-04

$3.79 billion

580,484

$6,529

2004-05

$3.875billion

574,219*

$6,748*

* projected

 

In 2002-03, the province provided more than$50 million in special, one-time funding to districts. The province also provided districts with $42 million in one-time funding in 2001-02 to assist with cost pressures such as salaries, benefits and debt reduction.

 

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250 356-5963

 

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