Information about the Deficit

Langley School District incurred an $8.2 million deficit in its 2008-2009 operating budget, and the district anticipates an additional $5.3 million deficit in 2009-2010. School Districts are not allowed to carry deficits and Langley is working with the Ministry of Education on a Deficit Elimination Plan, which will pay down the projected accumulated deficit of $13.5 million over a period of four years beginning in 2011-2012. The district will submit at balanced budget for the 2010-2011 school year.

Following are links to documents relevant to the district’s deficit and the Deficit Elimination Plan. You may also want to look at information linked from the 2010-2011 Budget page:

Statement from the Board – Deficit, May 18, 2010
Statement from the Board – Deficit Elimination Plan, May 26, 2010
Deloitte Report
Deficit FAQ
Letter to Parents Regarding the Deficit
SD35 Staffing Analysis