- B.C.'s total education budget for public and independent schools is $5.9 billion in 2017/18 - this is a record $314-million (5.6%) increase from the 2016/17 fiscal year.
- Budget 2017 provides public and independent schools with an additional $740 million in operating funds over the next three years (2017/18 - 2019/20). This is in addition to $400 million in previously announced budget increases.
- Added together, schools will benefit from an additional $1.1 billion in funding over the next three years.
- Budget 2017’s additional $740 million is comprised of:
- $320 million annualized cost of the interim agreement with the BCTF
- $228 million to fund enrolment growth
- $45 million for student transportation
- $44 million to fund the Economic Stability Dividend
- $68 million for school district administration
- $24 million for independent schools
- $9 million to fund the Rural Education Enhancement Fund
- An additional $2 million for the Learning Improvement Fund in 2019/20
- Budget 2017 commits $2 billion over the next three years to maintain and replace schools, build more student spaces in growing communities, and seismically upgrade schools.
- Total capital funding for this coming year is over half a billion dollars ($687 million) – that’s up 36%, or $183 million compared to 2016.
- The agreement with the BCTF is expected to cost approximately $300 million per year for teaching positions (approximately 2,600 new teachers) and about up to $30 million for additional overhead costs.
- This includes the $180 million that has already been made available annually through the Education Fund ($80 million) and January’s interim measures ($100 million) – both of which were funded in Budget 2017.
- The remaining $150 million per year is new, additional money starting in the 2017/18 school year, and includes the $30 million funding for additional overhead.
- 2016/17 funding to public and independent schools is $5.6 billion.
- Annual education funding is up 44% since 2000/01, or more than $1.8 billion, at a time when there are fewer students in the system.
- For total funding per student in school year 2016/17 is approximately $9,000, an increase of nearly 44% from 2000/2001.
- Funding to schools in B.C. for students with special needs is approximately $1 billion in the 2016/17 school year, including basic student funding and targeted supports; Budget 2017 provides an additional $10 million in funding.
- Independent school students are funded at a lower rate than public schools in B.C.
- Some independent schools are funded at 50% of the per pupil rate for their district. Included in this category are faith-based schools, First Nations schools, and schools with specific teaching approaches, like Waldorf or Montessori.
- Other independent schools receive only 35% of the per-pupil funding that public schools receive.
- Independent schools are forecast to receive total combined funding of almost $383 million in fiscal year 2017/18.
Government Communications and Public EngagementMinistry of Education