Three Divisions of Finance & Administration
Under the direction of the Superintendent of Finance and Administration, the Finance Department is responsible for the development and administration of policies to allocate human and financial resources to support learning for all students. The Finance Department consists of three (3) operating divisions: Finance and Budget; Accounting; and Payroll.
Three Divisions of Finance & Administration
Under the direction of the Superintendent of Finance and Administration, the Finance Department is responsible for the development and administration of policies to allocate human and financial resources to support learning for all students. The Finance Department consists of three (3) operating divisions: Finance and Budget; Accounting; and Payroll.
Finance and Budget
The Finance and Budget division is responsible for the preparation and administration of the annual school board budget, government grants and other revenues, financial statement issuance and government reporting, short and long-term financing (including debenture issues), legal, audit and banking services, and internal audit services. Additionally, this division manages school cafeteria services and the School Generated Funds system, support and reporting.
Accounting
The Accounting division is responsible for the processing of supplier invoices, payment requisitions, expense reports, and petty cash, as well as accounts receivable, billing, cash receipts and deposits. Accounting also prepares financial statements and government reports, in addition to Federal (GST) and Provincial Sales Tax rebate applications.
Payroll
The Payroll division is responsible for coordinating all aspects of payroll. Payroll staff ensure the administration of employees’ pension plans, prepares applicable government reports, remits deductions, dues and premiums to external agencies.
2025-2026 Budget
The Ottawa Catholic School Board (OCSB) passed its 2025-2026 fiscal year budget, featuring $803.5 million in operating expenditures. This budget is strategically designed to support the Board’s commitment to student well-being, community involvement, innovative teaching practices, and the rich tradition of Catholic education.
Budget Highlights
- Operating Budget: $803.5 million
- Capital Budget: $83.1 million
- Additional Investments: $16.8million focused on strategic priorities
- Drawdown from Accumulated Surplus Reserves: $5.6 million
2025-2026 Budget
The Ottawa Catholic School Board (OCSB) passed its 2025-2026 fiscal year budget, featuring $803.5 million in operating expenditures. This budget is strategically designed to support the Board’s commitment to student well-being, community involvement, innovative teaching practices, and the rich tradition of Catholic education.
Budget Highlights
- Operating Budget: $803.5 million
- Capital Budget: $83.1 million
- Additional Investments: $16.8 million focused on strategic priorities
- Drawdown from Accumulated Surplus Reserves: $5.6 million
Consolidated Financial Statements
Our Board maintains a system of internal controls designed to provide reasonable assurance that assets are safeguarded, transactions are properly authorized and recorded in compliance with legislative and regulatory requirements, and reliable financial information is available on a timely basis to prepare consolidated financial statements. These statements are audited by an independent external auditor appointed by the Board, who provides their opinion on the Board’s consolidated financial statements.
Consolidated Financial Statements
Our Board maintains a system of internal controls designed to provide reasonable assurance that assets are safeguarded, transactions are properly authorized and recorded in compliance with legislative and regulatory requirements, and reliable financial information is available on a timely basis to prepare consolidated financial statements. These statements are audited by an independent external auditor appointed by the Board, who provides their opinion on the Board’s consolidated financial statements.
- Consolidated Financial Statements 2024 ›
- Consolidated Financial Statements 2023 ›
- Consolidated Financial Statements 2022 ›
- Consolidated Financial Statements 2021 ›
- Consolidated Financial Statements 2020 ›
- Consolidated Financial Statements 2019 ›
- Consolidated Financial Statements 2018 ›
- Consolidated Financial Statements 2017 ›
- Consolidated Financial Statements 2016 ›
- Consolidated Financial Statements 2015 ›
Past Budgets
Other Publications
Here is a list of other useful documents that may interest you.
Contact Finance
• Finance: 613-224-4455 Ext 2281
• Accounting: 613-224-4455 Ext 2249
• Payroll: 613-224-4455 (ask for Payroll)
• Fax: 613-224-1874 (for all divisions)
• E-mail: Finance@ocsb.ca
Contact Finance
• Finance: 613-224-4455 Ext 2281
• Accounting: 613-224-4455 Ext 2249
• Payroll: 613-224-4455 (ask for Payroll)
• Fax: 613-224-1874 (for all divisions)
• E-mail: Finance@ocsb.ca
