Overview

School boards in Ontario must submit specific reports to the Ministry of Education each year. These submissions must follow ministry guidelines that help measure compliance with provincial funding rules, allow sector financial oversight and maintain transparency in education spending.

This page brings together key information school boards need to fulfill these obligations:

Ministry B and SB memos to school boards

Official communications from the Ministry of Education to school boards about funding and financial reporting.

B Memos

B memos are financial policy documents explaining funding policy decisions or updates.


SB Memos

SB memos are administrative bulletins clarifying operational issues, forms, procedures and technical/system updates.

Submitting financial reports

Get report-specific instructions for preparing your submissions (estimates, revised estimates, financial statements, March report) for EFIS 2.0 on the EFIS instructions page. 

Be sure to check the B and SB memos for your reporting year to make sure you are aware of any updates. Financial reporting must also follow the Uniform Code of Accounts and Tangible Capital Assets guidance.

Submitting class size reports

Submit class size information as required under O. Reg. 132/12: Class Size.

Be sure to check the B and SB memos for your reporting year to make sure you are aware of any updates.

Get class size reporting guides for:

Reporting on enrolment

Get the enrolment register instructions to help you record student enrolment and attendance.

Resources and guides

Access supporting documents and reference materials to help you complete your financial reporting.

EFIS 2.0 system guidance

EFIS 2.0 is the ministry’s secure online platform for financial reporting. It allows school boards, service system managers and other education partners to submit required financial and enrolment data, calculate funding entitlements and report how the funding is used.

Guides and instructions:

Uniform Code of Accounts

Instructions to ensure your financial reports (estimates, revised estimates, financial statements, March report) meet ministry financial data requirements.


Tangible capital assets

Get your tangible capital asset guide for reporting capital assets: District school board and school authority tangible capital assets – provincial accounting policies and implementation guide (TCA guide) (PDF)

Revisions/Releases:

School board audited financial statements

Get links to the audited financial statements published by Ontario school boards and school authorities. 

Archives

This site includes material from the last 5 years. You can find older documents on Archive‑It, which stores past versions of these materials.

Contact the ministry

Financial Analysts and Financial Officers

Financial reports (estimates, revised estimates, financial statements, March report)

Enrolment reporting

Class size reports

EFIS 2.0 support

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