This document provides an overview of the budget and the budget process.

1. Parent Council Orientation
Budget Representation
Government of Bermuda
Ministry of Education
November 12th 2015

2. The Education (Parent Council) Rules 2015
Matters for deliberation
Section 10 (1) (a) – the parents may deliberate on the draft
budget for the school.
Functions
Section 2(1) (a) - …the parent council may make
representations to the Principal on the draft school budget.
Parent Councils

3. • Budgeting - single most important planning activity
for Government Ministries/Departments
• Allocation of financial resources to Government
services and programmes
• 5-month process, extends from September to January
• Pre-set deadlines must be followed
Overview
Budgeting Process

4. • Medium Term Budgeting Framework Implemented
• Develop multi-year programme of estimates
• Three-year projection is established
• Determine realistic expenditure/revenue/debt
targets
• Government initially targeted a 15% budget
reduction over 3 fiscal years
Overview
Budgeting Process

5. Three-year projection targets:
• 2014/15 - reduce bottom line budget by 6.9%
• 2015/16 - reduce bottom line budget by 3.5%
• 2016/17 – reduce bottom line budget by 4.6%
Annual reductions provides the overall 15% target in
the Government’s current account expenditure
Bermuda Government
Budget Reduction Targets

6. Ministry of Education – 3 Business Units
• Ministry Headquarters
• Department of Education
• Bermuda College
Ministry of Education
Business Units

7. Department of Education
Budget Allocation
Current
Expenditure
($000)
2014/15 2015/16 2016/17
Department of
Education
114,900 109,902 4.6%
reduction

8. • Central Administration
• Finance and Corporate
• Educational programmes/services
• Preschools
• Primary schools
• Middle schools/Senior schools
• Curriculum and Assessment
Department of Education
Current Expenditure Programs

9. School Budget – 2 Broad Components
Department of Education
School Budget
• Salaries bucket
(Fixed costs)
• Operational bucket
(Variable costs)

10. Salaries – BPSU/BUT employees
Wages – BIU employees
Telephone
Electricity
Stationery/Educational Supplies
Subscriptions
Rental – Office Equipment
Department of Education
School Budget - Line Items

11. • Comptroller shares budget instructions
• Principal
reviews and prepares budget
seeks Parent Council input
submits draft budget to DOE
• Principal/Parent Council advocacy
• DOE reviews draft budget for accuracy
• Final budget approved by Cabinet
Parent Council
Representation Process

12. To deliver a first class education
of global standards
ensuring students
reach their full potential.
Department of Education
VISION

13. Thank You!
Q & A
Parent Council Orientation
Budget Representation