TLDSB policies are reviewed and updated on a regular schedule and approved by the Board of Trustees.

The following policy will be reviewed in the 2025-2026 school year, and the Board is seeking public consultation on its renewal.

Input is due by Tuesday, November 4 for consideration.

BU-3010 Borrowing for Current Expenditures Policy

Trillium Lakelands District School Board recognizes that there may be occasions from time to time where the Board needs to borrow funds that are required to meet the current expenditures of the Board until the current revenue has been received. In addition, there may be occasions where there is a need to borrow such amounts as required for temporary financing of capital projects pending the completion of long term financing of those projects.

As such, Trillium Lakelands District School Board authorizes the Treasurer and the Chair or Vice-Chair to borrow from time to time, by way of the instruments and within the limits as prescribed by Section 243 of the Education Act, such amounts that are required.