Click on the sections below to see historical financial data and reports.
For more recent financial information, please click here.
Budget Recommendations
Released annually in mid-April. Through a public consultation process, the Board of Education considers feedback on the recommendations before finalizing the Annual Budget:
Budget Recommendations 2021/22
Budget Recommendations 2020/21
Budget Recommendations 2019/20
Budget Recommendations 2018/19
Budget Recommendations 2017/18
Budget Recommendations 2016/17
Budget Recommendations 2015/16
Budget Recommendations 2014/15
Budget Recommendations 2013/14
Budget Recommendations 2012/13
Budget Recommendations 2011/12
Budget Recommendations 2010/11
Budget Recommendations 2009/10
Budget Recommendations 2008/09
Budget Recommendations 2007/08
Budget Recommendations 2006/07
Annual Budget
The Annual Budget is a forward-looking plan built on projected student enrolment before the school year starts. It is finalized and submitted to the Ministry of Education and Child Care prior to June 30 each year.
Amended Annual Budget
The Amended Annual Budget is an updated financial plan, adjusted mid-year based on actual student counts and known costs to date. It is finalized and submitted to the Ministry of Education and Child Care by the end of February each year.
Financial Statements
Financial Statements and the accompanying Financial Statements Discussion and Analysis provide an overview of the district’s financial health, funding sources, and operational expenditures for the fiscal year ending June 30. These documents combine core audited accounting reports with narrative context to explain income, expenses, budget variances, fund balances, and the strategic allocation of resources. These reports are available in the fall following the end of the previous school year.
Please note: The accompanying Financial Statements Discussion and Analysis report has been published only since 2017/18.
2021/22: Audited Financial Statements – Financial Statements Discussion and Analysis
2020/21: Audited Financial Statements – Financial Statements Discussion and Analysis
2019/20: Audited Financial Statements – Financial Statements Discussion and Analysis
2018/19: Audited Financial Statements – Financial Statements Discussion and Analysis
2017/18: Audited Financial Statements – Financial Statements Discussion and Analysis
2016/17: Audited Financial Statements
2015/16: Audited Financial Statements
2014/15: Audited Financial Statements
2013/14: Audited Financial Statements
2012/13: Audited Financial Statements
2011/12: Audited Financial Statements
2010/11: Audited Financial Statements
2009/10: Audited Financial Statements
2008/09: Audited Financial Statements
2007/08: Audited Financial Statements
2006/07: Audited Financial Statements
Accumulated Operating Surplus Report
The term “Accumulated Operating Surplus” refers to the accumulation of prior year funds sitting in a surplus position (when funding available in a particular year exceeds expenses paid). Accumulated surplus funds will be used in a strategically aligned manner with district operational goals and, wherever possible, will be directed to areas of the greatest need in the most efficient manner possible.
Initiatives funded from Accumulated Operating Surplus funds, and proposed to the Board of Education, like other budgeted funds, are vetted by the District Budget Committee in terms of their alignment with district objectives and initiative success. The Reserve Funds spending plan for the next three years, as approved by the Board, is described in the Accumulated Operating Surplus Report.
This report was first published in 2021/22:
Multi-Year Budget Report
The Multi-Year Budget Report outlines the district’s anticipated expenses and revenues for the upcoming three years and is used to help with long-term planning and resource allocation. it is published annually in the Spring and has been a requirement since 2023.
Executive Compensation Report
In British Columbia, organizations defined by the Public Sector Employers Act are statutorily required to disclose all compensation that is paid to the Chief Executive Officer (CEO) and the next four highest ranking or highest paid executives with decision-making authority earning an annualized base salary of $125,000 or greater during a fiscal year.
In accordance with these provincial requirements, Executive Compensation Reports for School District No.37 (Delta) are available through the British Columbia website.
Statement Of Financial Information (SOFI)
In accordance with provincial requirements, school districts must submit a Statement of Financial Information within six months of their fiscal year end, which for the Delta School District is December 31. The SOFI contains the annual revenue, expenses, assets and liabilities of the school district, lists the total salaries and expenses for school trustees and any employee earning above a specific threshold ($75,000), and lists all vendors, contractors and businesses paid cumulative amounts above a specific threshold ($25,000).
Pay Transparency Report
In accordance with British Columbia’s Pay Transparency Act, the school district publishes the Pay Transparency Report annually to identify and report on compensation disparities, beginning with gender-based categories.
This initiative is intended to promote fairness and equity in pay practices by highlighting and addressing any gaps that may affect specific groups. This requirement came into effect in May 2023.