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Submission to the Public Schools Finance Board (PSFB)
The Public Schools Finance Board was established in 1967 by the Government of Manitoba to provide capital funding support to School Divisions. Under the Public Schools Finance Board Act, the Government of Manitoba legislated the Public Schools Finance Board (PSFB) to administer the Capital Support Program. The Capital Support Program provides funding to School Divisions for major capital projects (new construction and renovations) and on-going capital support programs such as roofing replacements, structural upgrading, access renovations, portable classrooms and system replacements. Each year, every School Division must submit a 5 Year Capital Plan to the PSFB outlining priorities for new construction, additions, renovations, access renovations, structural upgrading and systems replacements.
The Winnipeg School Division’s 5 Year Capital Plan is developed by the Administration’s Long Range Facility Planning Committee and submitted annually to the Trustee’s Building and Transportation Committee. Upon approval by the Building and Transportation Committee, and the Board of Trustees, the Division’s 5 Year Capital Plan is submitted to the PSFB for funding consideration.