Revenue: Programming (Note 1)

Expenses: Central services (Note 2) School administration (Note 3) Regular program (Note 4) Deficit

Notes:

$

$ 3,290,000 $ 3,290,000

1,085,000 50,000

2,236,000 3,371,000 $ (81,000)

Appendix III Preliminary High School Budget Summary 201X/201Y

1. The 700 students expected will be divided into 26 classes. By regulation, each class will receive 1,200 hours of instruction during the year. NSD provides funding at a rate of $4,700 per student.

2. As per central services allocated costs (Appendix I) 3. This budget is for the principal and administration of the school's office.

4. A budget of $86,000 per regular program class is allowed, covering teacher salaries and classroom resources.