Kootenay Lake School District 8 is projecting a balanced budget for the 2026-2027 school year, with a continued focus on student supports for learning and achievement.
The draft document was presented to the Board of Education on April 14 and outlines a $67 million in operating revenue and $67.2 million in operating expenses, reflecting what it called a “measured approached” to managing resources while maintaining key supports for students.
While student enrollment is projected to decline by about 2.4 per cent, the district said it’s maintaining staffing levels to support classrooms and student success.
“The preliminary budget reflects careful planning and use of resources,” said Cathy MacArthur, Secretary-Treasurer in a press release.
“Previously approved surplus funds are used in a targeted way to support technology, classroom equipment, and ongoing commitments, while ensuring the district remains on solid financial footing.”
The district projects a modest $900,000 increase to its operating revenue, while expenses are expected to climb – primarily due to salaries and benefits.
Salaries and benefits continue to represent most of the district spending, which SD8 reflects its investment in staff who support student learning.
Around $600,000 will be pulled from accumulated operating surplus to support priorities including technology upgrades, school furniture, professional development and school-level carryforward needs.
“The preliminary budget maintains a focus on student learning, well-being, and success. Even with changing enrolment, the budget includes strong classroom supports and ensures students have access to the programs and services they need,” said Superintendent Trish Smillie.
The document also reflects ongoing adjustments to align spending with enrollment trends and funding levels. This includes targeted reductions in discretionary spending and careful management of operating costs.
“The Board of Education will collectively review the budget in the coming month. What we saw presented in preliminary form today continues to reflect the core priorities established by the Board in the district’s strategic plan and required by the provincially mandated Framework for Enhancing Student Learning,” said Chair Susan Chew.
All B.C. school districts are required to approve a balanced budget by June 30.
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