Starting to See Parents Acting: Enrollment Surge Lifts London Catholic Board From Deficit to $9.5M Surplus

The London region’s Catholic school board posted a $9.5-million surplus last fiscal year, a budget boon triggered by increased enrolment.  

The London District Catholic school board announced Friday audited financial statements of 2023-24 confirm the multimillion-dollar surplus, a stark contrast to the steep deficit its counterpart in the London region is facing. 

The London-based Catholic school board – the fastest-growing Catholic board in the province – had expected a $1.5 million deficit in the previous budget year.  

“The LDCSB is always conservative when it comes to projections,” executive superintendent of business Debbie Jordan said in a news release Friday.