Oakville Beaver, 14 Feb 1993, p. 15

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A recommendation for the Halton Board of Education to switch from a calendarâ€"year budget to a schoolâ€"year budget is expected to be presented to the board‘s finance committee Monday night. While the Town of Oakville has just about finalized its budget, the board is just beginning the process and officials explain it‘s because yearâ€"end figures aren‘t available until January, based on a calendar year. Public‘stéhool board may switch to schoolâ€"year budget By ANGELA BLACKBURN Oakville Beaver Staff At that meeting, the finance commitâ€" tee, will get its first look at the proposed 1993 expenditure budget document. Trustees will then have six weeks to deal with the projected $300â€"million budget before it is forwarded to the Ministry of Education. It‘s expected the suggestion to change the budget year will be part of that package, said education director Bob Williams Thursday. Already, the board has held four meetings to hear and discuss budget preâ€" sentations made in January by members of the public. "Historically this is the way the board has always operated," said board chairman Dave Coons, adding, change won‘t be forthcoming "until a majority of trustees give direction to administraâ€" tion to change the procedure." To date, there has been no such direction. Williams said the current budgeting system is "crazy" since the school board operates on a school year basis (September to August) but budgets on a MADD meeting Monday night Dave King, chairman of MADD (Mothers Against Drunk Driving), will be the guest speaker for the inaugural meeting of the organizaâ€" tion‘s Oakville Chapter. King‘s topic of discussion will be "Making a difference in solving the most deadly social problem: drinkâ€" inc and drivine." The local chapter urges members of the public to "come and support (the group‘s) endeavors and learn about the many ways you can help reduce the death and injuries caused by impaired drivers. The meeting will be held on Monday, Feb. 15th at the Oakville Municipal Building (1225 Trafalgar Road) at 7:30 p.m. Feb. 17, March 3, 16, April 6 PUPPY * BEGINNERK â€" Ab'\?Kcht Also: » Day, evening or drop off * Private instruction * Protection training available * Home or competition obedience FOR MORE INFORMATION OR REGISTRATION , CALL 825â€"2910 OR 847â€"0961 "I‘ve lost 16 lbs. in 2 weeks, have loads of energy and I‘m not hungry at all!" Call: Mary 416â€"631â€"3801 (24 hours) (SAFE NATURAL ) Williams admitted a change in proâ€" cess wouldn‘t necessarily result in cost savings, however it could lead to better Coons said the board is already at least three months into its new year before its new budget is finalized. The board sets its expenditure budget based on the previous year‘s statements, then factors in Ministry of Education grant revenues before tallying how much money must be raised through local property taxes for revenues to meet the expenditures. The director said if the board approves such a move, the change would occur whether or not the province follows suit but Williams said it looks like the province will do so in the wake of educational reform studies currently underway. Coons believes trustee would be receptive of the idea. calendar year basis (January to December). While Williams said it‘s expected the Ministry may also announce a move to school year instead of calendar year budgeting, the board‘s budget document is expected to include the recommendaâ€" tion. The chair also noted that approxiâ€" mately 80% of the board‘s budget is fixed through staffing contracts. TERM DEPOSITS Refers To A 1 Year Loan Available Until March 1st, 1993 management in setting priorities within the board. It could also lead to a better evaluation of program and required staffing. Such a change in process would also mean the board would base its upcomâ€" RRSP contribution this year LOANS Save an extra 40% in taxes on your Discover How Working Ventures Can Work For You WORKING VENTURES CANADIAN FUND INC. ing budget on previous year‘s actual costs rather than current year costs â€" yearâ€"end would occur in August while the budget process would get underway in January for approval by June. * NO ADMINISTRATION FEES * COMPETITIVE RATES * A CHOICE OF PLA Many groups have been lobbying for With us, each R.R.S.P. deposit is insured up to $60,000 We match rates with other major financial institutions We offer both fixed rate and floating rate plans It‘s yours the day you make your deposit with us Neil Jamison and Andrew J. Blanchard you‘ll find eraC Investment Advisors (416) 845â€"7147 such a change in year end over a numâ€" ber of years including the Ontario Association of School Business Officials, the Ontario Public School Boards‘ Association and _ the Completion Office Separate Schools. ACCOUNT ACCESS

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