Alberta changing school funding formula, puts hard caps on administration
Posted Feb 18, 2020 2:20 pm.
Last Updated Feb 19, 2020 6:23 am.
EDMONTON – The Alberta government says it is changing the way it will calculate school funding for kindergarten through Grade 12 starting this fall.
The plan includes streamlining grants, capping administration costs and reworking the per-student funding formula.
Education Minister Adriana LaGrange hasn’t released specific numbers, saying those will come in the Feb. 27 budget.
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She says the funding changes will result in more money flowing directly to schools.
Schools currently don’t know how much money they are getting each year until enrolments are finalized, sometime after classes have started, which can cause uncertainty and mid-year budget complications.
The new formula is to use enrolment estimates, so schools will know each spring how much money they are getting for the school year starting that fall.
The Canadian Press
