Ministry of Education Announces new Funding Formula

Funding Formula for Student Transportation Updated

Fall 2023

The Ministry of Education has announced a new funding formula model for student transportation services.

Among the changes in the new funding formula model:

  1. Updated costing model
  2. Increased paid days, statutory holidays
  3. Annual reviews

The Driver Retention Program (DRP) has been renamed the Retention and Recruitment programĀ  (R&R) and will continue to reward drivers for continuous employment throughout the school year. Details on when the payments will be flowed to the consortia through to operators and drivers haven’t been disclosed yet.

Details on the new funding formula can be found here and here.

SBO continues to work with the ministry on the formula as there remain a lot of issues that need attention and clarification.