Nanaimo Ladysmith Public Schools

Financial Information

Our commitment to financial accountability includes making budget documents and financial statements available online 

The school district’s budget year extends from July 1 to June 30.  From March to June, the Board of Education works to set the budget for the next year.  That budget is called the Preliminary Budget.  In January of each year, once all the enrolment information for the year is verified, adjustments are made and the Board approves an Amended Budget for the balance of the fiscal year.  No sooner is the Amended Budget approved than the Board starts working on the budget for the next year.

Financial Documents

More than 80% of the school district’s operating budget goes to instruction, with about 13% for operations and maintenance; 4% for district administration and 1% for transportation