The Government of Saskatchewan is providing Saskatchewan’s school divisions with a one-time investment of $20 million in funding for the 2022-23 school year to assist with rising fuel and insurance costs.
As a result of these additional funds, school divisions will be able to prevent inflationary costs from diverting resources away from classrooms.
As part of the 2022-23 budget, the Ministry of Education announced a record investment in education spending of $2.88 billion. That funding included $1.99 billion in school operating funding for the 2022-23 school year, an increase of $29.4 million or 1.5 per cent over the 2021-22 school year.
With this additional investment, school operating funding exceeds $2 billion for the first time in the province’s history.
In addition to the increase in operating funding, the province also announced a new $7 million fund to allow school divisions to hire up to 200 new educational assistants for the 2022-23 school year.