Education Minister Dustin Duncan. File Photo
Border City school divisions will receive a funding credit to help offset rising fuel and insurance costs when classes resume this September.
The Government of Saskatchewan is providing all school divisions with a one-time investment of $20 million in funding for the 2022-23 school year.
The Lloydminster Public School Division will receive $100,400 and the Lloydminster Catholic School Division will get $85,800 in additional funds to prevent inflationary costs from diverting resources away from classrooms.
“Our government recognizes the impacts rising costs across the country have on our schools and we are committed to ensuring every Saskatchewan student and teacher has the supports needed to achieve success in the classroom,” said Education Minister Dustin Duncan in an announcement last Friday.
“Now that school board budgets have been submitted, we have weighed the impact of fuel and insurance costs on their operations and are in a position to provide further assistance to divisions.”
The Ministry of Education announced a record investment in education spending of $2.88 billion in the current budget.
That funding included $1.99 billion in school operating funding for the new school year, an increase of $29.4 million or 1.5 per cent over the 2021-22 school year.
With this additional investment, school operating funding exceeds $2 billion for the first time in the province’s history.
In addition to the increase in operating funding, the province also announced a new $7 million fund to allow school divisions to hire up to 200 new educational assistants for the 2022-23 school year.
