The Grande Yellowhead Public School Division’s (GYPSD) Board of Trustees recently approved a balanced budget of approximately $67 million for the 2026-27 school year.
GYPSD representatives say the budget is funded through provincial and federal grants, and reflects investment income, fees, accounting and non-cash items such as amortization.
According to the budget presentation, the division serves about 4,187 funded students through Grade 12, across 15 schools and five learning connection sites. Enrolment projections for the 2025-26 school year reportedly exceeded actual enrolment, requiring a funding adjustment of about $1.1 million to be reduced from next year’s revenues.
Expenses for the 2026-27 school year are projected as follows:
- K-12 instruction: $50,146,088 (74 per cent)
- Operations and maintenance: $8,887,792 (13.1 per cent)
- Transportation: $5,683,489 (8.4 per cent)
- System administration: $2,669,612 (3.9 per cent)
- Other/external services: $266,931 (0.4 per cent)
The transportation budget includes funding to support an additional bus purchase, the board says.
The board also says the budget was balanced without drawing from reserves. The operating reserve balance is $1.9 million.
In the same meeting on June 17, the board also received a year-end financial update.
As of May 31, the division reported $48 million in year-to-date revenues and $48.1 million in year-to-date expenses, resulting in a $0.1 million deficit.
