By Norm Park, SECPSD
A monitoring report regarding board policy on fiscal responsibility was delivered to the board of trustees of the South East Cornerstone Public School Division on March 22 as part of their open business session.
Shelley Toth, the division’s chief financial officer, delivered the report that indicated Cornerstone had met their fiscal responsibilities for all procedures in 17 sectors, such as maintaining logs, interruptions in services, access, fire prevention, privacy issues or breach of data.
“I am happy to report we had only three minor incidents that involved classified issues this past year and there was no breach of anything of a critical nature or any confidential information,” she told the board members.
The auditing firm that covers the public school division had reported that fiscal management of the division in accordance with terms and conditions that accompanied funding had been in full compliance and that the division’s business had been conducted in a fiscally responsible manner. That report included a check on such things as provision of insurance, expenditures for emergency services as well as the protection of their information services.
Earlier in the meeting, Toth explained the rules regarding guest riders on school buses and the procedures that had to be followed to ensure safety and insurance coverage plus other details.
Marilyn Yurkiw from Cornerstone’s financial department gave the board members a mid-year financial update, noting that property taxation money that now comes from the province will be part of the reconciliation report sent to the ministry and will be “cleared up by next quarter.”
Yurkiw noted how revenues had increased thanks to increases in enrollment and English as another language grants, among other things, with a near corresponding increase in expenditures that were now at $51 million, representing 49.8 per cent of the budget. “That pretty well puts us on track,” she said.
