STAR Catholic facing $2.1 million loss of provincial funding
STAR Catholic Schools says it is facing a $2.1 million loss in provincial funding following last month’s budget release.
The division primarily has schools in the Leduc area, but also runs Father Lacombe Catholic in Lacombe, Holy Trinity and St. Anthony in Drayton Valley, and St. Augustine in Ponoka.
In a release, the division says it’s $2.1 million loss of provincial funding equates to $510 per student, and is compounded by a 174 per cent increase in school insurance fees. The eliminated grants were previously used to reduce class sizes and alleviate transportation fees.
At its recent meeting, the board of trustees allocated $1 million of its $1.1 million contingency reserves to overcome a large portion of the shortfall. The remainder of that shortfall will be recovered through new administrative efficiencies, central office supports, and accessing funding reserves at the school level.