The finance department is responsible for preparing the district budget, controlling the collection and disbursement of funds, monitoring revenues and expenditures, preparing financial reports, and performing internal audits.

The Budget Advisory Working Group is comprised of the Board of Education and representatives from key stakeholder groups, including Richmond Teachers’ Association (RTA), CUPE 716, Richmond Association of School Administrators (RASA), Richmond District Parents Association (RDPA) and Richmond Management and Professional Staff (RMAPS). Two meetings have been scheduled for March 9 and April 17, 2023 to provide budget updates and gather feedback and input from the stakeholders.

The annual budget process is guided by a set of principles developed by the Board of Education in consultation with stakeholders. These guiding principles include: 

• The budget will support and align to the board’s strategic plan and priorities and reflect the board’s commitment to responsible long term fiscal planning;
• Budget processes will be inclusive, transparent and will encourage stakeholder and community input;
• All budget decisions will be focussed on creating and maintaining educational programs and services for students which maximize opportunities for learning;
• Budget decisions will support a culture of innovation and responsiveness to system change, while maintaining cost effectiveness and long term sustainability;
• Business and operational services and systems required to support schools and students will be based on best practices and maintained in an efficient and cost effective manner; and
• Budget decisions will be based on accurate, relevant data and information.

2023/2024 Budget Information

Budget information will be provided following the Budget Advisory Working Group meetings.

• March 9 2023 Budget Advisory Working Group Meeting – Budget Presentation