CALGARY (CityNews) – Some 300 teachers have been saved from looming layoffs, as the Calgary Board of Education (CBE) managed to come up with some cash to managed funding shortfalls.

But even after cashing in on a one-time offer from the province to grab $15 million from the maintenance fund, the board is still staring down the barrel of other budget woes.

READ MORE: Schools facing massive budget cuts getting creative, dipping into maintenance funds

Part of the $15 million will be used to minimize the impact on student transportation, as 6,000 students who currently ride the yellow bus for free will be retroactively charged $365 for the 2019/20 school year.

That bill is the same rate paid by the almost 15,000 other fee-paying students. The board is also retroactively eliminating the Calgary Transit rebate.

“Certainly all of our students who require special needs transportations, of course, they won’t be charged at all,” said Chair of the Board of Trustees for CBE Marilyn Dennis. But, she says there are still many unknowns.

“We don’t know what the funding framework is going to look like around transportation [moving forward]. We don’t know if funding will be maintained or increased.”

She says the board approved a springtime budget under the assumption that funding would be maintained for CBE and the UCP had claimed education and health would be priorities heading into the provincial budget in October.

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So what does this do to the school maintenance schedule which, according to CBE documents, is anywhere from $750 million to $1 billion behind?

While this fixes the problem in the short term, it’s really only a fix for the rest of this school year. And like Calgary council using the rainy day fund to push off the inevitable property tax increase homeowners face, the CBE will be in the exact same position in 2020.

“We know that there’s a new funding framework that the government, the ministry, is working on and we hope to be apprised of what that framework looks like come February or March next year and we’ll be in a better position to really have a sense of what the impact will be going forward,” said Christopher Usih, Chief Superintendent.

Dennis says they’re still waiting to hear what funding they’ll be getting in the future so it’s hard to guess how borrowing from the maintenance fund could impact next year’s budget.

Until that happens the roller coaster for teachers, parents, and students will continue.