Ontario’s largest school board projects a $28.7 million shortfall next year.
According to the Toronto District School Board’s (TDSB) budget committee, shortfall is due to the province’s change to education funding.
Last month, the PC government announced cuts to educational funding.
TDSB says that the increase in average class size from 23.84 to 24.5 for Grades 4 to 8 will cost them nearly $10 million next year.
“TDSB would need to fire 216 elementary teachers to put up the new budget, but that it can’t because its agreement with the teachers’ union mandates an average elementary class size of 23.24,” said Ontario’s largest school board.
In addition, the board may lose $9.9 million it expected to acquire for the Cost Adjustment Allocation, which is used for funding “education worker benchmarks.”
According to a document presented to TDSB’s budget committee, the board will also lose 7.9 million dollar due to reduction in funds for designated early childhood educators.
800 secondary teachers under TDSB are expected to lose their jobs in the next four years because of the province’s increasing class size from 22 to 28 students.