Phase-in Funding
41. (1) For the purposes of paragraph 1 of section 40, the deemed operating revenue for 1997 for a district school board shall be calculated as follows: 1. For each predecessor old board of the district school board, take the provincial grant amount as reported in the audited 1997 financial statements of the old board at code point 0274. 2. For each predecessor old board of the district school board, adjust the amount referred to in paragraph 1 to obtain the amount that would have been reported in the audited statements of the old board at code point 0274 if there had been no withdrawal of employee services or lock-out of employees in 1997. 3. For each predecessor old board of the district school board, calculate a 1997 local taxation amount, as follows: i. Total the amounts reported in the audited 1997 financial statements of the old board at code points 0247 and 0249. ii. Subtract the amount reported in the audited 1997 financial statements of the old board at code point 0245 from the total determined under subparagraph i. iii. Add the lesser of, A. the amount reported in the audited 1997 financial statements of the old board at code point 0248, and B. the greater of, 1. the amount included in the 1997 estimates of the old board in respect of the taxes receivable in 1997 by it under section 35 of the Assessment Act, and 2. the average of the amounts received by the old board in 1992, 1993, 1994, 1995 and 1996 under section 35 of the Assessment Act. For the purposes of sub-sub-subparagraph 2 of sub-subparagraph B, if the amount received in any one of the five years exceeds the five-year average by 75 per cent or more, the average shall be calculated excluding that year. 4. For each predecessor old board of the district school board, add the amount calculated under paragraph 3 to the amount referred to in paragraph 1, as adjusted, where applicable, under paragraph 2. 5. For each predecessor old board of the district school board, subtract from the amount determined under paragraph 4 the lesser of, i. the amount reported as tax write-offs in the audited 1997 financial statements of the old board at code point 7712, and ii. the greater of, A. the amounts included in the 1997 estimates of the old board in respect of the amounts chargeable in 1997 to it by a municipal council under section 421 of the Municipal Act, not including taxes receivable in 1997 by the old board to the extent that such taxes were cancelled or reduced as a result of a resolution of the old board, and B. the average of the amounts charged to the old board in 1992, 1993, 1994, 1995 and 1996 by a municipal council under section 421 of the Municipal Act, not including taxes receivable in those years by the old board to the extent that such taxes were cancelled or reduced as a result of a resolution of the old board. For the purposes of sub-subparagraph B of subparagraph ii, if the amount charged in any one of the five years exceeds the five-year average by 75 per cent or more, the average shall be calculated excluding that year. 6. For each predecessor old board of the district school board, account for net capital expenditure, as follows: i. Subtract, from the amount determined under paragraph 5, the sum of, A. the total of the amounts reported in the audited 1997 financial statements of the old board at code points 0283, 7307, 7405, 7410, 8012 and 8112, and B. the amount reported in the audited 1997 financial statements of the old board at code point 7305 less any money from an education development charges account used by the board in accordance with section 5 of Regulation 268 of the Revised Regulations of Ontario, 1990, as it read on December 31, 1997 and recorded at code point 7305. ii. Add, to the amount determined under subparagraph i, the total of the amounts reported in the audited 1997 financial statements of the old board at code points 0225, 0226, 0229, 0237, 0238 and 0287. iii. Add, to the amount determined under subparagraph ii, that part of the amount reported in the audited 1997 financial statements of the old board at code point 0227 that was applied to expenditures that are included in the amounts shown in those financial statements at code points 7305 and 7405. This subparagraph applies only to an amount included at code point 0227 if its application to an expenditure included at code point 7305 to 7405 was authorized in 1997 by a resolution of the old board. 7. Multiply the amount determined under paragraph 6 by the allocation ratio for the relevant language portion of the old board. 8. For each predecessor old board of the district school board, account for net tuition fee revenue, as follows: i. Add, to the amount determined under paragraph 7, the total of the tuition fee revenues reported in the audited 1997 financial statements of the old board at code points 0201 and 0204 that, in the case of an English-language district school board, relate to pupils enrolled in English-language instructional units and, in the case of a French-language district school board, relate to pupils enrolled in French-language instructional units. ii. Subtract, from the amount determined under subparagraph i, the tuition fee expenditures reported in the audited 1997 financial statements of the old board at code point 7209 that, in the case of an English-language district school board, relate to pupils enrolled in English-language instructional units and, in the case of a French-language district school board, relate to pupils enrolled in French-language instructional units. In this paragraph, “English-language instructional unit” means a class, group of classes or school in which the English language or American sign language is the language of instruction and includes a class, group of classes or school established under paragraph 25 of subsection 8 (1) of the Act. 9. Total the amounts determined under paragraph 8 for each old board that is a predecessor of the district school board. O. Reg. 287/98, s. 41; O. Reg. 469/98, s. 3. (2) Subsection (3) applies where the 1997 local taxation amount calculated under paragraph 3 of subsection (1) for a predecessor old board of a district school board does not reflect the old board’s requirements for 1997 because the old board’s 1997 requisition was not based on a plan of fully eliminating, in 1997, the deficit accumulated to the end of 1996. (3) The amount calculated as the 1997 local taxation amount under paragraph 3 of subsection (1) for the old board shall be increased by an amount that is, (a) calculated by the district school board under subsection (4); and (b) approved by the Minister. (4) For the purposes of subsection (3), the district school board shall calculate the amount by which the predecessor old board’s requisition would have been higher had the requisition been based on a plan of fully eliminating, in 1997, the deficit accumulated to the end of 1996. O. Reg. 651/98, s. 1.