Report calls for TDSB school closures, staffing cuts
A sign is pictured outside a Toronto District School Board building. (Corey Baird/CTV Toronto)
Published Thursday, December 6, 2012 10:03PM EST
Last Updated Thursday, December 6, 2012 10:04PM EST
The Toronto District School Board got its first look at a report card on its finances on Thursday – and it seems as if there is more than a little improvement that needs to be made.
The new 70-page report from PwC outlines how Canada’s largest school board can save up to $91.6 million over the next two years through a number of proposed measures.
Included in the recommended cost-saving initiatives is the closure of schools, trimming of school board staff and the outsourcing of a number of various services.
In a statement released Thursday evening, TDSB Director of Education Chris Spence said that while there may be “some bumps along the way,” he was confident that the board would find the solutions to the obstacles it faces.
“Like any finance-based report, we will need to look at the social impact of any potential cuts or reorganization,” Spence said. “Some are easy enough to do. Other recommendations will not be as easy and that’s why staff and trustees will be closely reviewing all recommendations in the upcoming days.”
The province has previously offered financial oversight assistance to the board, but trustees have yet to take the offer.
In October, the province put a hold on funding for the board’s new capital projects due to cost overruns.