School Funding & Allocation Table of Contents

Revised: August 2002

School District Statement of Financial Information (SOFI)

School District No. 59 (Peace River South)

Fiscal Year Ended June 30, 2008

TABLE OF CONTENTS

Documents are arranged in the following order:

1. Approval of Statement of Financial Information

2. Financial Information Act Submission Checklist

3. Management Report

4. Audited Financial Statements

5. Schedule of Debt

6. Schedule of Guarantee and Indemnity Agreements

7. Schedule of Remuneration and Expenses including:

Statement of Severance Agreements

Reconciliation or explanation of differences to Audited Financial Statements

8. Schedule of Payments for the Provision of Goods and Services including:

Reconciliation or explanation of differences to Audited Financial Statements

School Funding & Allocation Revised: August 2002 03 - Financial Information Act Submission Checklist

Statement of Financial Information for Year Ended June 30,2008

Financial Information Act-Submission Checklist

Due Date

a) A statement of assets and liabilities (audited financial statements). September 30

b) An operational statement including, i) a Statement of Income and ii) a Statement of Changes in Financial Position, or, if omitted, an explanation in the Notes to Financial Statements (audited financial statements)

September 30

c) A schedule of debts (audited financial statements). September 30

d) A schedule of guarantee and indemnity agreements including the names of the entities involved and the amount of money involved. (Note: Nil schedules can be submitted December 31).

September 30

e)

A schedule of remuneration and expenses, including: i) an alphabetical list of employees earning over $75,000, the total amount of expenses paid to or on behalf of each employee for the year reported and a consolidated total for employees earning under $75,000. If the total wages and expenses differs from the audited financial statements, an explanation is required.

December 31

ii) a list by name and position of Board Members with the amount of any salary and expenses paid to or on behalf of the member

iii) the number of severance agreements started during the fiscal year and the range of months' pay covered by the agreement, in respect of excluded employees. If there are no agreements to report, an explanation is required

f) An alphabetical list of suppliers receiving over $25,000 and a consolidated total for those suppliers receiving less than $25,000. If the total differs from the Audited Financial Statements, an explanation is required.

December 31

g) Approval of Statement of Financial Information. December 31

h) A management report approved by the Chief Financial Officer December 31

School District Number & Name: School District #59 (Peace River South)

School Funding & Allocation 05 - Schedule of Debt

Revised: August 2002

School District Statement of Financial Information (SOFI)

School District No.59 (Peace River South)

Fiscal Year Ended June 30, 2008

SCHEDULE OF DEBT

Information on all long term debt is included in the School District Audited Financial Statements.

Prepared as required by Financial Information Regulation, Schedule 1, section 4

School Funding & Allocation 06 - Schedule of Guar & Indem

Revised: August 2002

School District Statement of Financial Information (SOFI)

School District No. 59 (Peace River South)

Fiscal Year Ended June 30, 2008

SCHEDULE OF GUARANTEE AND INDEMNITY AGREEMENTS

School District No.59 (Peace River South) has not given any guarantee or indemnity under the Guarantees and Indemnities Regulation.

Prepared as required by Financial Information Regulation, Schedule 1, section 5

School Funding & Allocation 07 - Rem & Exp

Revised: January 2007

School District Statement of Financial Information (SOFI)

School District No. 59 (Peace River South)

Fiscal Year Ended June 30, 2008

SCHEDULE OF REMUNERATION AND EXPENSES

Total Remuneration

Total Expenses

Elected Officials A $ 73,375.76 $ 68,556.14 B Z

Total Elected Officials $ 73,375.76 $ 68,556.14 Detailed Employees Exceeding $75,000 A $ 6,803,817.66 $ 261,378.08 B Z

Total Detailed Employees Exceeding $75,000

$6,803,817.66 $ 261,378.08

Total Employees Equal to or Less Than $75,000

24,449,185.39 $272,761.67

Consolidated Total 31,326,378.81 $ 602695.89 Total Employer Premium for Canada Pension Plan and Employment Insurance

$ 1,537,850.68

Prepared as required by Financial Information Regulation, Schedule 1, section 6

SCHOOLDISTRICT#59PEACERIVERSOUTHSTATEMENTOFFINANCIALINFORMATION

A.LISTOFELECTEDOFFICIALS

NAME POSITION REMUNERATION EXPENSES

BERRINGER,SHERRYM TRUSTEES 9,970.42$ 11,846.18$CAMPBELL,IANG. TRUSTEES 9,970.42$ 9,406.55$CLAVIER,JUDY TRUSTEES 12,362.61$ 13,239.62$EZEARD,WAYNE TRUSTEES 9,970.42$ 6,574.91$KABUSH,ELMER TRUSTEES 9,970.42$ 13,733.99$MOULD,WAYNEM. TRUSTEES 9,970.42$ 6,513.83$POWELL,RICHARD TRUSTEES 11,161.05$ 7,241.06$

TOTALFORELECTEDOFFICIALS 73,375.76$ 68,556.14$

SCHOOLDISTRICT#59PEACERIVERSOUTHSTATEMENTOFFINANCIALINFORMATION

A.LISTOFEMPLOYEESWHOSEREMUNERATIONEXCEEDS$75,000.00NAME POSITION REMUNERATION EXPENSES

AYLWARD,CHRISTINE PRINCIPAL 87,629.90$ 2,168.98$BARBER,CARMELA PRINCIPAL 101,340.47$ 135.40$BARBER,SAM SENIORADMINISTRATOR 142,154.39$ 3,244.56$BELCHAM,ANN PRINCIPAL 94,204.63$ 584.51$BELL,SYLVIA PRINCIPAL 76,608.52$ 940.22$BLAIR,MICHELLE SENIORADMINISTRATOR 77,562.48$ 1,056.00$BRODERICK,BLAINE VICEPRINCIPAL 87,819.75$ 3,008.60$BURKHOLDER,LINDARAE TEACHER 82,989.85$ $CAMERON,SEAN VICEPRINCIPAL 83,909.98$ 5,403.86$CHISHOLM,PAULE RURALPRINCIPAL 92,947.58$ 3,440.94$CHMELYK,DANNY TEACHER 75,755.14$ 527.97$CHRISTENSON,FLORAA SENIORADMINISTRATOR 86,757.27$ 3,594.88$CINDRIC,LYNNM. VICEPRINCIPAL 101,045.72$ 2,543.96$CLOUTHIER,CANDACEL. SENIORADMINISTRATOR 112,847.76$ 10,427.93$COOK,GRAHAM TEACHER 84,121.28$ 9,855.52$COUDERT,MADELEINE VICEPRINCIPAL 88,964.01$ 1,055.65$COWAN,CONNIEL. TEACHER 78,575.96$ 495.50$D'AMATO,JOHN TEACHER 79,482.74$ $DEITH,WILLIAM SENIORADMINISTRATOR 170,243.23$ 9,659.74$DENNIS,ROBIN PRINCIPAL 114,249.64$ 9,538.93$DUECK,JOANNER VICEPRINCIPAL 78,539.79$ 2,121.77$DUNCAN,ANNELI TEACHER 76,875.28$ 64.00$DUPERRON,LUCIEN LABOURMARKETELECTRICIAN 81,541.04$ 1,250.00$DUTKA,DANYELL PRINCIPAL 79,190.76$ 1,876.27$DYER,CHERYLL. PRINCIPAL 108,950.93$ 7,650.22$FENNELL,CHRISTYL PRINCIPAL 76,685.91$ 811.25$FERGUSON,KIMBERLYE PRINCIPAL 99,954.54$ 2,259.84$FODOR,BENO TEACHER 80,858.25$ 517.82$FOX,JENNIFERA TEACHER 78,835.12$ 1,208.14$GOY,BRIAN TEACHER 79,390.33$ $GREEK,RICHELLEM TEACHER 76,955.05$ 12,303.72$HADDOW,SUSANC. TEACHER 80,036.84$ 3,756.39$HARMAN,BRYAN PRINCIPAL 101,988.50$ 3,563.16$HODGINS,DONNA TEACHER 78,691.12$ 3,147.18$HODGSON,CHARLENE TEACHER 78,187.15$ 628.33$HOOVER,CINDYL. TEACHER 77,303.29$ 746.54$HOTTON,GASTON TEACHER 81,532.95$ 127.48$IRVINEAPPS,LESLIE TEACHER 80,414.86$ 4,624.29$JACQUES,MARIEB. VICEPRINCIPAL 82,559.89$ $JONES,CARON VICEPRINCIPAL 95,225.41$ 8,278.24$

SCHOOLDISTRICT#59PEACERIVERSOUTHSTATEMENTOFFINANCIALINFORMATION

A.LISTOFEMPLOYEESWHOSEREMUNERATIONEXCEEDS$75,000.00NAME POSITION REMUNERATION EXPENSES

KAMPEN,SORENEL. PRINCIPAL 109,506.50$ 237.00$KERSEY,JACKIEE. VICEPRINCIPAL 102,051.79$ 811.42$KNUTSEN,LINDA TEACHER 76,223.93$ 289.27$KOLKEA,TREVOR VICEPRINCIPAL 80,014.37$ 1,976.67$LACARTE,DEBORAH TEACHER 77,111.35$ 62.63$LAMBIE,LESLIEL PRINCIPAL 108,950.88$ 17.21$LANGMUIR,GAYLAM TEACHER 78,390.28$ 4,546.29$LINDSTROM,DIANAR. PRINCIPAL 86,504.71$ 2,995.37$MAH,JIMB. PRINCIPAL 100,124.79$ 12,294.64$MARSHALL,CLINT LABOURMARKETMECHANIC 76,699.92$ $MASON,CHRISTOPHERB. VICEPRINCIPAL 86,292.19$ 3,947.81$MASON,LAURII. PRINCIPAL 79,430.83$ 3,692.12$MAURER,KEITH PRINCIPAL 112,703.73$ 2,220.39$MAURER,KIM SENIORADMINISTRATOR 93,183.33$ 9,220.83$MCINTYRE,KELLYA TEACHER 76,385.38$ $MCKINLEY,MARGOTR VICEPRINCIPAL 86,875.11$ 2,259.89$MCKINNEY,KELLYL. TEACHER 75,283.43$ 417.49$MCKINNON,DENNIS LABOURMARKETCARPENTER 91,004.46$ 1,810.62$MCLEOD,IANGEORGE LABOURMARKETPLUMBING 75,308.49$ 1,396.75$MOWAT,MYLES VICEPRINCIPAL 111,684.40$ 698.95$OLIVER,JAMES TEACHER 78,030.72$ 10,778.79$READMAN,MICHAEL PRINCIPAL 90,185.21$ 10,977.91$ROWLAND,PATRICIA PRINCIPAL 101,745.99$ 3,060.54$SABULSKY,LEOG. TEACHER 78,115.13$ 5,132.12$SAUNDERS,BEVERLYJ RURALPRINCIPAL 93,222.36$ 5,766.87$SAWCHUK,KATHLEENJ. SENIORADMINISTRATOR 120,191.18$ 24,390.62$SCHNYDER,SUSAN TEACHER 83,004.05$ 7,650.00$SHAW,BRIANA.E. VICEPRINCIPAL 94,421.18$ 2,488.96$SLYKHUIS,GERALD SENIORADMINISTRATOR 119,001.05$ 6,488.89$SMITH,MURRAYR. TEACHER 80,411.72$ 124.00$STANISTREET,MARK SENIORADMINISTRATOR 76,961.84$ 5,795.69$TENTA,LISAD PRINCIPAL 77,587.93$ 4,535.25$TOLLEFSON,SHIRLEYA TEACHER 79,712.73$ $TRAIL,KEITH SENIORADMINISTRATOR 77,724.41$ 55.97$TREIT,SANDRAGAY PRINCIPAL 97,473.76$ 2,619.33$TROTTIER,SHAWNESEL VICEPRINCIPAL 79,371.22$ $

TOTALFOREMPLOYEESWHOSEREMUNERATIONEXCEEDS$75,000 6,803,817.66$ 261,378.08$

SCHOOLDISTRICT#59PEACERIVERSOUTHSTATEMENTOFFINANCIALINFORMATION

B.REMUNERATIONTOEMPLOYEESPAID$75,000.00ORLESS REMUNERATION EXPENSESTotalremunerationpaidtoemployeeswheretheamountpaidtoeachemployee 24,449,185.39$ 272,761.67$was$75,000.00orless

C.REMUNERATIONTOELECTEDOFFICIALS 73,375.76$ 68,556.14$

D.EMPLOYERPORTIONOFU.I.C.ANDC.P.P.

TheemployerportionofUnemploymentInsuranceandCanadaPensionPlanpaid 1,537,850.68$totheReceiverGeneralofCanada

School Funding & Allocation 09 - Severance

Revised: August 2002

School District Statement of Financial Information (SOFI)

School District No. 59 (PEACE RIVER SOUTH)

Fiscal Year Ended June 30, 2008

STATEMENT OF SEVERANCE AGREEMENTS

There was 1 severance agreement made between School District No. 59 (PEACE RIVER SOUTH) and its non-unionized employees during fiscal year 2008 This agreement represents 12 months' compensation.

Prepared as required by Financial Information Regulation, Schedule 1, subsection 6(7)

SCHOOLDISTRICTNO.59(PEACERIVERSOUTH)

STATEMENTOFFINANCIALINFORMATION

EXPLANATIONOFDIFFERENCESTOAUDITEDFINANCIALSTATEMENTS

FORTHEYEARENDEDJUNE30,2008

Thesalariespaidtoemployeesaswellasthepaymentsdisbursedtosuppliersforgoodsandservicesandemployeebenefitpremiumsaredisclosedontheauditedfinancialstatementsasexpenses,netrevenues,capitalizedcostsorchangesinaccountspayableandreceivable.

Thedifferencesbetweentheauditedfinancialstatements(Statement2StatementofRevenueandExpense)andthecombinedtotalsoftheScheduleofRemunerationandExpensesandtheScheduleofPaymentsmadefortheProvisionofGoodsandServicesareprimarilyasfollows.

VendorpaymentsincludepaymentsmadetoDistrictoperatedschools. VendorpaymentsincludetheemployeeportionofbenefitsbuttheyarenotincludedintheScheduleof

RevenueandExpenses. Vendorpaymentsandremunerationsdonotincludeaccrualsmadeatyearendforcertainsuppliercostsand

futureemployeebenefits. VendorpaymentsreflectfullpaymentofGSTwhereastheexpensereflectstheGSTnet. Vendorpaymentsincludepaymentsfortheemployeeportionofstatutoryandpensiondeductions. Vendorpaymentsincludecapitalcosts.

School Funding & Allocation 10 - Vendors

Revised: August 2002

School District Statement of Financial Information (SOFI)

School District No. 59 (Peace River South)

Fiscal Year Ended June 30, 2008

SCHEDULE OF PAYMENTS MADE FOR THE PROVISION OF GOODS AND SERVICES Name of Individual, Firm or Corporation Total Amount Paid

During Fiscal Year A $ 27,628,683.36 B Z Total (Suppliers with payments exceeding $25,000)

$ 27,628,683.36

Total (Suppliers where payments are $25,000 or less)

$ 2,403,928.21

Consolidated Total $ 30,032,611.57

Prepared as required by Financial Information Regulation, Schedule 1, section 7

SCHOOLDISTRICT#59PEACERIVERSOUTHSTATEMENTOFFINANCIALINFORMATION

A.LISTOFSUPPLIERSWHEREPAYMENTSEXCEED$25,000.00SUPPLIERNAME EXPENDITURE

0720455BCLTD. 46,941.90$ACDJANITORIALSERVICES 34,125.00$AMECEARTH&ENVIRONMENTAL, 32,442.61$APPLECANADAINC.T4001 294,344.43$BCHYDRO 432,399.07$BCIT 49,000.00$BCPENSIONCORP 1,236,750.81$BCPENSIONCORP 189,889.86$BCPRINCIPALS'ANDVICE 42,366.12$BCSCHOOLTRUSTEES' 33,790.84$BCTFSALARYINDEMNITY 243,611.82$BCTEACHERS'FEDERATION 214,120.96$BREATHEEASYDUCTCLEANINGLTD 42,871.70$BRITISHCOLUMBIACOLLEGE 27,810.00$BUSINESSSTATIONERS 52,023.09$CEGENERGYOPTIONSINC. 411,195.57$CITYOFDAWSONCREEK 98,958.82$COMMISSIONEROFTEACHERS' 4,125,610.27$COMMISSIONEROFTEACHERS' 73,311.79$CUSTOMCOMMUNICATIONS& 60,434.50$DARYL'SBACKHOESERVICE 178,086.36$DAWSONCOOPERATIVEUNION 516,425.24$DAWSONCREEKCOOP 63,719.65$DISTRICTOFCHETWYND 33,992.72$EBHORSMAN&SON 241,969.77$EMCOLTD. 151,054.40$FOUNTAINTIRE(F120) 27,473.97$GWSTEWARDARCHITECTINC. 55,835.48$GENERALSECRETARY 86,322.42$GERDA'SJANITORIAL 48,708.00$GREGWALTERMANAGEMENTSERVICE 28,866.26$GROUPHEALTHGLOBALTRUST 711,801.19$HALPINHANDSERVICES 48,113.30$HARRIS&COMPANY 46,798.42$HITECHBUSINESSSYSTEMSLTD 51,178.14$IOSFINANCIALSERVICES 54,477.12$IKONOFFICESOLUTIONS 171,425.57$INLANDCONCRETELIMITED 29,497.13$INLANDCONCRETELTD. 30,648.02$INLANDCONTROL&SERVICESINC. 50,210.47$

SCHOOLDISTRICT#59PEACERIVERSOUTHSTATEMENTOFFINANCIALINFORMATION

A.LISTOFSUPPLIERSWHEREPAYMENTSEXCEED$25,000.00SUPPLIERNAME EXPENDITURE

INSURANCECORPORATIONOF 97,959.00$JONATHANMORGAN&COMPANY 34,425.42$JOYPROPANELTD. 25,891.61$KIWANISPERFORMINGARTSCENTRE 37,625.00$LAPRAIRIECRANELTD. 32,424.35$LENNOXINDUSTRIES(CANADA)LTD 34,471.94$LESLIEG.DELLOW,INTRUST 265,177.16$MINISTEROFFINANCE 36,116.11$MORNEAUSOBECOINC.,INTRUST 214,468.04$NEUFELDPETROLEUMANDPROPANE 127,070.91$NORTHERNJANITORIAL& 49,492.52$NORTHERNLIGHTSCOLLEGE 131,547.88$NORTHERNMETALICSALESLTD. 53,304.18$NORTHWESTSERVICES 54,927.55$PRSTA 112,325.90$PRSTAPROFESSIONAL 135,000.00$PACIFICNORTHERNGAS(N.E.)LT 163,573.74$PEACERIVERSOUTH 26,520.00$PEACEWAPITISCHOOL 318,611.95$PEARSONCANADAINC. 26,654.52$PEBTINTRUST 770,791.84$PRECISIONAIRQUALITYCORPORAT 113,401.88$PROMOSHOPPE 25,231.13$RECEIVERGENERALFOR 6,695,057.30$RECEIVERGENERALFOR 334,768.21$RECEIVERGENERALFOR 967,757.81$REGNORMANTRUCKINGLTD. 35,861.90$REGIONALSECURITYPATROL 110,015.16$REVENUESERVICESOFBC 526,932.00$SCHOOLDISTRICT#54(BUCKLEYV 37,599.62$SEXAUERLTD. 30,616.31$SHELTERINDUSTRIESINC. 2,865,489.52$SOFTWAREEMPORIUMINC. 34,018.49$SOUTHPEACECHILDDEVELOPMENT 91,527.20$SOUTHPEACESECONDARYSCHOOL 49,562.77$STANDARDBUSCONTRACTINGLTD. 1,027,811.59$STEPUP'N'RIDESOCIETY 97,127.50$SUNSHINEPLAYGROUND 25,080.55$TDVISA 64,760.12$TSCSOFTWARESERVICESINC. 56,276.39$

SCHOOLDISTRICT#59PEACERIVERSOUTHSTATEMENTOFFINANCIALINFORMATION

A.LISTOFSUPPLIERSWHEREPAYMENTSEXCEED$25,000.00SUPPLIERNAME EXPENDITURE

TEAMSTERSLOCALUNIONNO.31 54,554.00$TELUS 32,555.75$TELUS 137,239.76$TERASENGAS 181,380.17$TIGERPRINTING&STATIONERS 37,237.62$TOPFLOORS&DESIGN 33,644.26$TRAVELPROFESSIONALS 27,078.05$WALMSLEY&ASSOCIATES 28,550.96$WESCLEANEDMONTON 83,632.77$WESTERNCAMPUSRESOURCES 54,043.55$WESTERNCANADAICBUSINC. 391,897.52$WINDSORPLYWOOD 53,951.02$WORKERS'COMPENSATIONBOARD 26,047.75$WORKSAFEBC 131,856.72$XEROXCANADALTD. 49,135.60$

TOTALFORSUPPLIERSWHEREPAYMENTS 27,628,683.36$

EXCEEDED$25,000.00

B.SUPPLIERSPAID$25,000.00ORLESS

Totalamountpaidtosupplierswheretheamountpaidtoeachsupplierwas 2,403,928.21$

$25,000.00orless