Toronto District School Board
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TDSB Budget

The Budget

Budget Pressures

As Canada’s largest school board, TDSB is facing budgetary pressures to meet demands on critical services and infrastructure.

$4.5B

shortfall to maintain existing and older school buildings, with rising construction costs (as of January, 2025)

$43.7M

is the unfunded portion of statutory benefits (e.g. for CPP and EI)

$38.5M

shortfall to support special education

$10.9M

shortfall to support student and staff mental health, safety and well-being


How school boards are funded


School boards receive most of their funding from the provincial government. A large portion of this funding is allocated to cover staffing for schools (including teachers, Early Childhood Educators and principals), while other areas receive targeted funding from the Ministry of Education. 

Every spring, the Ministry announces education funding (now called Core Education Funding), which is the amount of funding that school boards will receive for the coming year.  

Schedule for 2025-26 Budget Development (View agendas here)
Date Type of Meeting Purpose
Wednesday, June 4, 2025  Regular FBEC
  • Approval of 25-26 Operating and Capital Budgets 
Wednesday, June 18, 2025  Board
  • Approval of 25-26 Operating and Capital Budgets