Underinvesting in Our Future

Revenues and Expenditures of Saskatchewan School Boards from 2004 to 2014
February 3, 2016
622.11 KB12 pages

Despite taking in record amounts of revenue during the economic boom years, Saskatchewan’s government failed to maintain K-12 education funding as a percentage of our provincial GDP. The report, Underinvesting in Our Future by Dr. David McGrane, demonstrates that we are currently spending the lowest amount on K-12 education, measured as a percentage of GDP, in modern Saskatchewan history. Since 2007, K-12 education funding has fallen from an average of 3.08% of GDP to only 2.6% of GDP. Had the government continued to fund K-12 education in Saskatchewan at the same percentage of provincial GDP as the last four years of the Calvert government, there would have been approximately $2.4 billion more spent in the K-12 system from 2008 to 2014.

Dr. McGrane further identifies recent changes to Saskatchewan’s education property tax regime as exacerbating the chronic underfunding of K-12 education in the province. Dr. McGrane recommends that recent changes to the education property tax regime should be re-visited and that the Saskatchewan provincial government should set a goal of spending, at a minimum, of 3% of nominal GDP on our province’s K-12 education system each year.