The annual budget process is an important element of the OCDSB’s corporate planning process. The annual budget for the school year (September 1 to August 31) confirms the allocation of financial and human resources and is aligned with the strategic plan to meet District goals and school improvement plans. The budget is typically approved by the Board of Trustees in June prior to the start of the new school year.
In addition to the budget, the OCDSB publishes annual consolidated financial statements prepared in accordance with requirements and standards established for school boards, which include standards established by the Public Sector Accounting Board (PSAB). The statements are audited by a licensed public accountant who expresses an opinion regarding the information presented. The statements covering the previous school year are reviewed by the OCDSB’s audit committee every November. They are subsequently presented to the Board of Trustees for approval.
Approved annual budgets for the current and past years, and consolidated financial statements for past years, can be accessed below.
2025-2026 Budget
To read about the 2025-2026 Budget process and participate in the consultation, please visit Engage OCDSB.
Use the file manager below to search for budget documents and audited financial statements from past years. Use the 'Filter' dropdown to select a previous school year or type of document you are looking for.