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.

$4.45B

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 for (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.  

Town Hall Community Consultations


TDSB’s Budget Town Halls ensure that families, students and community members have the opportunity to hear more about the 2025-26 budget, ask questions and share feedback. *To ensure enough space is available, please register below only if you plan on attending in person. 

Date & Time Type of Meeting Location
Thursday, April 10 from 6:30-8:30 p.m. Central Budget Town Hall – Register (for in-person only) and join online (on the date) Hybrid (in-person and/or virtual) at 5050 Yonge Street, North York
Tuesday, April 15 from 6:30-8:30 p.m. Downtown Budget Town Hall – Register In-person at Harbord Collegiate Institute, 286 Harbord Street, Toronto
Thursday, April 17 from 6:30-8:30 p.m. East End Budget Town Hall – Register In-person at Woburn Collegiate Institute, 2222 Ellesmere Road, Scarborough
Tuesday, April 22 from 6:30-8:30 p.m.

West End Budget Town Hall – Register

In-person at Burnhamthorpe Collegiate Institute, 500 The East Mall, Etobicoke
Thursday, April 24 from 6:30-8:30 p.m.

Student Budget Town Hall – Register (for in-person only) and join online (on the date)

Hybrid (in-person and/or virtual) at 5050 Yonge Street, North York, ON

 

 

Schedule for 2025-26 Budget Development 
Date Type of Meeting Purpose
Wednesday, April 30, 2025  Regular FBEC
  • Update on Operations to Balance: 2025-26
  • Update on Ministry funding for 2025-26 (if available)
Thursday, May 15, 2025  Special FBEC
  • Discussion of Options to Balance
  • Draft Capital Budget
Wednesday, June 4, 2025  Regular FBEC
  • Approval of 25-26 Operating and Capital Budgets 
Saturday, June 28, 2025  Board
  • Approval of 25-26 Operating and Capital Budgets