Section 1C - Delayed Grant Payment
Section 1C calculates the cash flow adjustments that a school board may be subject to under the cash management strategy, first communicated in Memorandum 2018: B06. Further details were provided in Memorandum 2018: SB05 and Memorandum 2018: SB19.
There are two types of Delayed Grant Payment (DGP) amounts:
- Delayed Grant Payment - Operating (DGP-Operating), which is updated only in Financial Statements cycles, and
- Delayed Grant Payment - POD (DGP-POD), which is updated only in Estimates and Revised Estimates cycles.
In all cycles, a DGP continuity schedule reconciles the total DGP values between board-submitted and FO-reviewed versions.
Section 1C - Delayed Grant Payment - POD
This report shows the DGP-POD calculation, which is calculated in the Estimates and Revised Estimates; this calculation will not be updated in the Financial Statements.
-
In Section A, proceeds of disposition opening balances and projected spending on Minister-exempted projects are loaded from amounts entered on Schedule 5.1, to arrive at the POD balance available for the cash management strategy.
-
Section B shows the school board-entered forecasted POD spending in the year, divided into September to February and March to August.
- Input the forecasted cash outlays from September to February and from March to August for Proceeds of Disposition (POD), excluding Minister exemptions. The total entered here should equal the total amounts on Schedule 5.1, items 13.2 and 13.3, columns 4 to 6.
-
Section C calculates the DGP-POD as the difference between the DGP-POD current year balance and DGP-POD balance from the previous year. The DGP-POD current year balance is based on September to February cash outlays for the Estimates cycle and September to August cash outlays for the Revised Estimates cycle.
-
The delayed grant payment change at item 3.10 populates Section 1C Continuity Report, item 2.1, column 2; which then populates Section 1B, item 7.2, to adjust the amount of cash flow to the school board in the school year.
Section 1C - Delayed Grant Payment (DGP) Continuity
The DGP Continuity schedule includes FO adjustments to the DGP balance from FO reviews, as well as descriptive items to show data flows:
-
Item 1.0 displays the doc set source of the closing balances at items 1.1 and 1.3. In Revised Estimates, it may be updated automatically while a school board is completing their current submission, if EFIS detects a more recent prior year active submission becomes available.
-
Item 1.1 (Ending Balance at August 31, 2025 from Board Active Version) is loaded from Section 1C Delayed Grant Payment Continuity Schedule, Board Active version of the source doc set, item 2.3 (Ending Balance at Aug 31, 2025).
-
In the Financial Statements, the balance at item 1.1 (Ending balance at August 31, 2025 from Board Active Version), col. 3 (Total Delayed Grant Payment), flows to Schedule 7, item 1.4.7 (FP - Accounts Receivable - Delayed Grant Payment), col.2 (2024-25).
-
Item 1.2 (FO Adjustment for year 2024-25) shows the change to the prior year’s closing balance after FO reviews. It is calculated as item 1.3 - item 1.1.
-
Item 1.3 (Adjusted Opening Balance at September 1, 2025) is loaded from Section 1C - Delayed Grant Payment Continuity Schedule, FO Active version of the source doc set, item 2.3 (Ending Balance at Aug 31, 2025).
-
Item 2.1 (In-Year Change during 2025-26), col. 1 (Delayed Grant Payment - Operating), is zero during the Estimates and Revised Estimates cycles. In the Financial Statements, it is loaded from Section 1C Delayed Grant Payment - Operating, item 4.7 (Delayed Grant Payment - Operating - Change).
-
Item 2.1 (In- Year Change during 2025-26), col. 2 (Delayed Grant Payment - POD): in the Estimates and Revised Estimates it is loaded from Section 1C Delayed Grant Payment - POD, item 3.10 (Delayed Grant Payment - POD - Change). In the Financial Statements, it is loaded from the same location in the 2025-26 Revised Estimates, Board Active version.
-
Item 2.2 (FO Adjustment for year 2025-26) is visible only in the Financial Statements cycle, where it shows the current year changes made by the ministry from FO reviews in the 2025-26 Revised Estimates. It is calculated as item 2.3 minus item 1.3 minus item 2.1, and only impacts column 2 (Delayed Grant Payment - POD).
-
Item 2.3 (Ending balance at Aug 31, 2026), col. 1 (Delayed Grant Payment - Operating), is calculated as item 1.3 + item 2.1.
-
In the Financial Statements, item 2.3 (Ending balance at Aug 31, 2026), col. 2 (Delayed Grant Payment - POD), is loaded from the FO Active Version of the current year’s Revised Estimates Section 1C Delayed Grant Payment Continuity Schedule, col. 2 (Delayed Grant Payment - POD), item 2.3 (Ending Balance at Aug 31, 2026). In the Estimates and Revised Estimates, it is calculated as item 1.3 + item 2.1.
-
In the Financial Statements, the balance at item 2.3 (Ending balance at Aug 31, 2026), col. 3 (Total Delayed Grant Payment), flows to Schedule 7, item 1.4.7 (FP - Accounts Receivable - Delayed Grant Payment), col.1 (2025-26).