RESTRICTED PURPOSE REVENUES

CONTENTS 1. Definitions 2. Interpretation 2.1 Unincurred expenses 3. Internal audits 4. School renewal 4.1 School condition improvement 4.1.1 Temporary accommodation for pupils 4.2 Retrofitting school space for child care 5. Special education 5.1 Northern adjustment 5.2 Indigenous education board action plan 5.3 Indigenous languages and board action plan 5.4 First Nations, Métis and Inuit studies and board action plan 5.5 Transportation to provincial or demonstration schools 5.6 Student transportation and school facilities — spending limit 5.7 Rural and northern education 5.8 Mental health workers staff 5.9 Mental health and wellness 5.10 Student safety and well-being 6. French as a second language, areas of intervention amount 6.1 Education development charges 6.2 Dispositions of real property 6.3 Insurance for employees 7. Deferred revenue 8. Revenue from other sources, reserve funds Definitions 1. In this Regulation, “capital asset cost”, in respect of a fiscal year, has the same meaning as “capital asset cost” or as “capital asset addition”, as the case may be, in the legislative grant regulation for the fiscal year; (“coût d’immobilisations”) “legislative grant regulation” means a regulation made under subsection 234 (1) of the Act; (“règlement sur les subventions générales”) “revenue from other sources” for the fiscal year, has the same meaning as in the legislative grant regulations for that fiscal year; (“recettes provenant d’autres sources”) “school renewal expenditure” is an expenditure by a board that relates to a thing set out in subsection 6.2 (2). (“dépense de réfection des écoles”) O. Reg. 193/10, s. 1; O. Reg. 157/11, s. 1; O. Reg. 27/16, s. 1. Interpretation 2. Except as otherwise specified, nothing in this Regulation shall be interpreted to limit the amount that a board may use for a purpose set out in this Regulation. O. Reg. 193/10, s. 2; O. Reg. 27/16, s. 2; O. Reg. 355/24, s. 1. Unincurred expenses 2.1 (1) If a district school board did not incur expenses in a fiscal year by reason of a strike or lock-out affecting the operations of the board, an amount referred to in this Regulation that is determined under a legislative grant regulation shall be adjusted, if relevant, by deducting the portion of those unincurred expenses that is attributable to the purpose for which the amount was restricted under this Regulation. O. Reg. 663/21, s. 1. (2) For the purposes of subsection (1), unincurred expenses shall be calculated in accordance with Ontario Regulation 486/98 (Board Expenses not Incurred by Reason of Strike or Lock-out) made under the Act. O. Reg. 663/21, s. 1. Internal audits 3. (1) A district school board shall use the amount determined for the regional internal audit teams component of the legislative grant regulation for the fiscal year only for the purpose of internal audits performed by a regional internal audit team. O. Reg. 231/25, s. 1. (2) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 1. School renewal 4. (1) A board shall use the amount determined as follows, in respect of a fiscal year, only for the purpose of school renewal expenditures: the school renewal allocation − the lesser of the shortfall amount and the amount, if any, the board has elected to use to address the shortfall amount in which “school renewal allocation” is the amount determined for the board’s school renewal allocation under the legislative grant regulation for the fiscal year, “shortfall amount” is B − C in which “B” is the amount of the board’s depreciation for the fiscal year for tangible capital assets that are acquired as a result of expenditures made by the board that are school renewal expenditures, and “C” is the amount of the board’s deferred capital contributions recognized in revenue in the fiscal year, in respect of the assets referred to in item B. If B − C is negative, it is deemed to be zero. O. Reg. 550/17, s. 1. (2) A district school board shall use the amount held in its pupil accommodation allocation reserve fund on August 31, 2010 that is attributable to school renewal only for the purpose of school renewal expenditures. O. Reg. 193/10, s. 4 (2); O. Reg. 82/14, s. 1 (2). (3) A board shall not use more than the amount calculated in accordance with the following formula, in respect of a fiscal year, for the purpose of school renewal expenditures that are not capital asset costs: [(A + B + C) × 1.05]/3 + D + E – F in which “A” means the amount used by the board in the 2012-2013 fiscal year for the purpose of school renewal expenditures that are not capital asset costs, “B” means the amount used by the board in the 2011-2012 fiscal year for the purpose of school renewal expenditures that are not capital asset costs, “C” means the amount used by the board in the 2010-2011 fiscal year for the purpose of school renewal expenditures that are not capital asset costs, “D” means, (a) in respect of the fiscal years preceding the 2018-2019 fiscal year, the maintenance (operating) amount determined as part of the school renewal allocation for the board under the legislative grant regulation for the fiscal year, or (b) in respect of the 2018-2019 fiscal year, the amount specified for the board in the Table to this subsection, “E” means the total of all maintenance (operating) amounts, if any, determined for the board under legislation grant regulations for previous fiscal years that were not used by the board in the previous fiscal years, and “F” means the maintenance (operating) amount used by the board in the fiscal year for the purpose of school renewal expenditures that are capital asset costs. Table Item Column 1 Name of board Column 2 Amount in dollars 1. Algoma District School Board 120,884 2. Algonquin and Lakeshore Catholic District School Board 97,512 3. Avon Maitland District School Board 151,619 4. Bluewater District School Board 151,364 5. Brant Haldimand Norfolk Catholic District School Board 73,020 6. Bruce-Grey Catholic District School Board 39,923 7. Catholic District School Board of Eastern Ontario 92,559 8. Conseil des écoles publiques de l’Est de l’Ontario 129,903 9. Conseil scolaire catholique MonAvenir 135,357 10. Conseil scolaire catholique Providence 85,996 11. Conseil scolaire de district catholique de l'Est ontarien 108,150 12. Conseil scolaire de district catholique des Aurores boréales 17,537 13. Conseil scolaire de district catholique des Grandes Rivières 102,021 14. Conseil scolaire de district catholique du Centre-Est de l'Ontario 173,148 15. Conseil scolaire de district catholique du Nouvel-Ontario 87,300 16. Conseil scolaire de district catholique Franco-Nord 36,744 17. Conseil scolaire de district du Nord-Est de l’Ontario 34,059 18. Conseil scolaire public du Grand Nord de l’Ontario 49,814 19. Conseil scolaire Viamonde 122,942 20. District School Board of Niagara 295,975 21. District School Board Ontario North East 134,321 22. Dufferin-Peel Catholic District School Board 516,050 23. Durham Catholic District School Board 141,920 24. Durham District School Board 496,179 25. Grand Erie District School Board 217,110 26. Greater Essex County District School Board 272,285 27. Halton Catholic District School Board 227,409 28. Halton District School Board 457,058 29. Hamilton-Wentworth Catholic District School Board 208,114 30. Hamilton-Wentworth District School Board 355,810 31. Hastings and Prince Edward District School Board 144,468 32. Huron Perth Catholic District School Board 33,682 33. Huron-Superior Catholic District School Board 53,306 34. Kawartha Pine Ridge District School Board 255,760 35. Keewatin-Patricia District School Board 89,297 36. Kenora Catholic District School Board 12,696 37. Lakehead District School Board 92,704 38. Lambton Kent District School Board 193,076 39. Limestone District School Board 177,910 40. London District Catholic School Board 146,329 41. Near North District School Board 112,683 42. Niagara Catholic District School Board 159,197 43. Nipissing-Parry Sound Catholic District School Board 31,899 44. Northeastern Catholic District School Board 37,695 45. Northwest Catholic District School Board 19,075 46. Ottawa-Carleton District School Board 606,443 47. Ottawa Catholic District School Board 323,161 48. Peel District School Board 1,002,362 49. Peterborough Victoria Northumberland and Clarington Catholic District School Board 105,221 50. Rainbow District School Board 136,403 51. Rainy River District School Board 46,393 52. Renfrew County Catholic District School Board 46,037 53. Renfrew County District School Board 107,282 54. Simcoe County District School Board 378,822 55. Simcoe Muskoka Catholic District School Board 143,668 56. St. Clair Catholic District School Board 68,855 57. Sudbury Catholic District School Board 57,341 58. Superior-Greenstone District School Board 51,205 59. Superior North Catholic District School Board 23,825 60. Thames Valley District School Board 618,419 61. Thunder Bay Catholic District School Board 73,223 62. Toronto Catholic District School Board 704,708 63. Toronto District School Board 2,211,584 64. Trillium Lakelands District School Board 149,880 65. Upper Canada District School Board 258,513 66. Upper Grand District School Board 250,159 67. Waterloo Catholic District School Board 160,542 68. Waterloo Region District School Board 448,147 69. Wellington Catholic District School Board 50,577 70. Windsor-Essex Catholic District School Board 151,547 71. York Catholic District School Board 340,478 72. York Region District School Board 793,345 O. Reg. 82/14, s. 1 (3); O. Reg. 409/16, s. 1; O. Reg. 380/18, s. 1. (4) Revoked: O. Reg. 27/16, s. 3 (2). School condition improvement 4.1 (1) A board shall use the amount determined for school condition improvement (part of the board’s pupil accommodation allocation) under the legislative grant regulation for the fiscal year only for the purpose of school condition improvement expenditures within the meaning of subsection (2). O. Reg. 157/11, s. 4; O. Reg. 231/25, s. 2. (2) An expenditure by a board is a school condition improvement expenditure if it meets all of the following criteria: 1. It is a school renewal expenditure. 2. It meets the criteria set out in subparagraphs 1 i, ii and iii of subsection 6.2 (1). O. Reg. 27/16, s. 4; O. Reg. 221/16, s. 1. Temporary accommodation for pupils 4.1.1 (1) A board shall use the amount determined for temporary accommodation for pupils (part of the board’s pupil accommodation allocation) under the legislative grant regulation for the fiscal year only for the purpose of temporary pupil accommodation expenditures within the meaning of subsection (2). O. Reg. 221/16, s. 2; O. Reg. 231/25, s. 3 (1). (2) An expenditure by the board is a temporary pupil accommodation expenditure if it meets one of the following criteria: 1. It is a cost incurred by the board for operating leases for temporary pupil accommodations needed for the provision of elementary or secondary pupil places. 2. It is a cost incurred by the board for the relocation and installation of temporary pupil accommodations needed for the provision of elementary or secondary pupil places. 3. It is a capital asset cost incurred by the board for temporary pupil accommodations needed for the provision of elementary or secondary pupil places. O. Reg. 221/16, s. 2; O. Reg. 231/25, s. 3 (2-4). Retrofitting school space for child care 4.2 Any unspent amount determined for a board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose of expenditures that meet either of the following criteria may only be used in the current or subsequent fiscal years for that same purpose: 1. The expenditures, i. are in respect of costs incurred by the board for new construction, additions, retrofits and major renovations to space in buildings or on real property owned, leased or otherwise acquired by the board, for the purpose of providing child care for children who are younger than 44 months of age, and ii. meet the criteria for capitalizing a tangible capital asset or reducing an asset retirement obligation set out in the most recent version of the document entitled “District School Board and School Authority Tangible Capital Assets: Provincial Accounting Policies and Implementation Guide”, revised April 2024, which is available on a website of the Government of Ontario. 2. The expenditures are in respect of costs incurred by the board in respect of a child care capital project or an EarlyON child and family centres capital project set out for the board under the legislative grant regulation. O. Reg. 355/24, s. 3; O. Reg. 231/25, s. 4. Special education 5. (1) A board shall use the amount determined for its special education fund under the legislative grant regulation for the fiscal year only for the purpose of special education. O. Reg. 231/25, s. 5. (2) Any unspent amount determined for a board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. Northern adjustment 5.1 (1) A district school board that is the lead in a regional co-operative shall use the following amounts only for the purpose of the regional co-operative: 1. The amounts determined for the northern supports amount (part of the measures of variability component) under the legislative grant regulation for the fiscal year. 2. The amounts determined for the integrated supports amount (part of the measures of variability component) under the legislative grant regulation for the fiscal year. O. Reg. 231/25, s. 5. (2) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. Indigenous education board action plan 5.2 (1) A district school board shall use the amounts determined under this section only for the purpose of a board action plan. O. Reg. 231/25, s. 5. (2) Determine an amount as follows for the Indigenous education lead for the fiscal year: A – B in which “A” is the maximum amount determined for the Indigenous education lead component under the legislative grant regulation for the fiscal year, and “B” is the expenses of the board for the fiscal year to pay for the salaries, benefits, travel and professional development of the Indigenous education lead, if any. If A – B is negative, it is deemed to be zero. O. Reg. 231/25, s. 5. (3) Determine an amount as follows for Indigenous languages for the fiscal year: A + B – C in which “A” is the Indigenous languages component for elementary school pupils under the legislative grant regulation for the fiscal year, “B” is the Indigenous languages component for secondary school pupils under the legislative grant regulation for the fiscal year, and “C” is the expenses of the board for the fiscal year to pay for the salaries and benefits incurred in relation to the provision of instruction in the subject of an Indigenous language. If A + B – C is negative, it is deemed to be zero. O. Reg. 231/25, s. 5. (4) Determine an amount as follows for First Nations, Métis and Inuit studies for the fiscal year: A – B in which “A” is the First Nations, Métis and Inuit studies component under the legislative grant regulation for the fiscal year, and “B” is the expenses of the board for the fiscal year to pay for the salaries and benefits incurred in relation to the provision of instruction in the subject of First Nations, Métis and Inuit studies. If A – B is negative, it is deemed to be zero. O. Reg. 231/25, s. 5. (5) Determine the amount for the board action plan component determined under the legislative grant regulation for the fiscal year. O. Reg. 231/25, s. 5. (6) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. Indigenous languages and board action plan 5.3 (1) A district school board shall use the following amounts only for the purpose of paying the salaries and benefits incurred in relation to the provision of instruction in the subject of an Indigenous language and for the purpose of the board action plan: 1. The amount determined for the Indigenous languages component for elementary school pupils determined under the legislative grant regulation for the fiscal year. 2. The amount determined for the Indigenous languages component for secondary school pupils determined under the legislative grant regulation for the fiscal year. O. Reg. 231/25, s. 5. (2) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. First Nations, Métis and Inuit studies and board action plan 5.4 (1) A district school board shall use the amount determined for the First Nations, Métis and Inuit studies component determined under the legislative grant regulation for the fiscal year only for the purpose of paying the salaries and benefits incurred in relation to the provision of instruction in the subject of First Nations, Métis and Inuit studies and for the purpose of the board action plan. O. Reg. 231/25, s. 5. (2) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. Transportation to provincial or demonstration schools 5.5 (1) A district school board shall use the amount determined for the transportation to provincial or demonstration schools allocation under the legislative grant regulation for the fiscal year only for the purpose of eligible expenses for transportation to and from a school of the Centre Jules-Léger Consortium, the Ontario School for the Blind, an Ontario School for the Deaf or a demonstration school established by or operated under an agreement with the Minister for pupils with severe communicational exceptionalities. O. Reg. 231/25, s. 5. (2) An expense is an eligible expense in a year for the purpose of subsection (1) if it is an expense approved by the Minister for the purpose of the transportation to provincial and demonstration schools allocation of the grant regulation for the fiscal year. O. Reg. 231/25, s. 5. Student transportation and school facilities — spending limit 5.6 A district school board shall not use more than the amount calculated as follows for the purpose of student transportation and school facilities for a fiscal year: 1. Take the amount determined for the student transportation fund under the legislative grant regulation for the fiscal year. 2. Add the amount determined for the school facilities fund under the legislative grant regulation for the fiscal year. 3. Add the product of 0.05 and the total amount determined for the classroom staffing fund, the learning resources fund and the special education fund under the legislative grant regulation for the fiscal year. O. Reg. 231/25, s. 5. Rural and northern education 5.7 (1) A district school board shall use the amount determined for the rural and northern education allocation under the legislative grant regulation for the fiscal year only for the purpose of expenditures described in subsection (2) that are incurred by the board in relation to a school included in the document entitled “List of Schools Eligible for Rural and Northern Education Allocation”, revised July 2025, which is available on a website of the Government of Ontario, other than a school added to that document as part of an amendment that became effective after that fiscal year. O. Reg. 231/25, s. 5. (2) The expenditures referred to in subsection (1) are expenditures for the purpose of, (a) improving educational programs or support services for educational programs; (b) improving transportation of pupils; or (c) continuing the operation of a school identified in subsection (1) that would close if the expenditure is not made. O. Reg. 231/25, s. 5. (3) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. Mental health workers staff 5.8 (1) A district school board shall use the amount determined for the mental health workers staff component determined under the legislative grant regulation for the fiscal year only for the purpose of paying the salaries, benefits or wages of health professionals who provide mental health services for secondary school pupils. O. Reg. 231/25, s. 5. (2) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. (3) For the purposes of subsection (1), “health professional” means a member of a health profession within the meaning of the Regulated Health Professions Act, 1991. O. Reg. 231/25, s. 5. Mental health and wellness 5.9 (1) A district school board shall use the amount determined for the mental health and wellness allocation under the legislative grant regulation for the fiscal year only for the purpose of school-based or board-based mental health staffing, programs or initiatives. O. Reg. 231/25, s. 5. (2) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. Student safety and well-being 5.10 (1) A district school board shall use the amount determined for the student safety and well-being allocation under the legislative grant regulation for the fiscal year only for the purpose of student safety and well-being. O. Reg. 231/25, s. 5. (2) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. French as a second language, areas of intervention amount 6. (1) An English-language district school board shall use the amount determined for the areas of intervention amount (part of the LRF – FSL component) determined under the legislative grant regulation for the fiscal year only for the purpose of expenditures related to French as a second language programs or initiatives in accordance with the document set out in subsection (2). O. Reg. 231/25, s. 5. (2) For the purpose of subsection (1), (a) for the 2024-2025 fiscal year, the document is entitled “Eligible Activities/Expenses 2024-25 – French as a Second Language Component: Areas of Intervention”, dated June 11, 2024, which is available on a website of the Government of Ontario; and (b) for the 2025-2026 fiscal year and subsequent fiscal years, the document is entitled “Eligible Activities/Expenses 2025-26 – French as a Second Language Component: Areas of Intervention”, dated July 10, 2025, which is available on a website of the Government of Ontario. O. Reg. 231/25, s. 5. (3) Any unspent amount determined for a district school board under a legislative grant regulation for a previous fiscal year that was restricted under this regulation for the purpose described in subsection (1) may only be used in the current or subsequent fiscal years for that same purpose. O. Reg. 231/25, s. 5. Education development charges 6.1 (1) If a district school board sells, leases or otherwise disposes of real property that was acquired, in whole or in part, by the board or by another person, with funds withdrawn from an education development charge account, and the property was not used to provide accommodation for pupils, the board shall use the net proceeds (as described under subsection 6.2 (7)) of the sale, lease or other disposition, in the amount specified in subsection (2) or (3), in accordance with the following rules: 1. If the board has an education development charge by-law that applies to the area in which the property is located, the proceeds shall be allocated to the education development charge account established in respect of that by-law and used for the purposes set out in subsection 16 (2) of Ontario Regulation 20/98 (Education Development Charges — General) made under the Act. 2. If paragraph 1 does not apply but the board has an education development charge account established under subsection 23 (4) of Ontario Regulation 20/98 from which money may be used to acquire land or an interest in land in the area in which the property is located, the proceeds shall be allocated to that account and used for the purposes set out in subsection 23 (6) or (6.0.1) of that regulation, as the case may be. 3. If paragraphs 1 and 2 do not apply but the board has one or more education development charge accounts from which money may be used to acquire land or an interest in land in any part of the region prescribed under clause 257.101 (1) (d) of the Act in which the property is located, the proceeds shall be allocated to those accounts and used for the purposes set out in subsection 16 (2), 23 (6) or (6.0.1) of Ontario Regulation 20/98, as the case may be. 4. If paragraphs 1, 2 and 3 do not apply, the proceeds shall be allocated to the education development charge accounts established under section 16.1 of Ontario Regulation 20/98 and used for the purposes set out in subsection 16.1 (2) of that regulation. O. Reg. 365/10, s. 2; O. Reg. 56/19, s. 1 (1). (2) In the case of real property that was acquired by the board or by another person before March 29, 2019, the amount referred to in subsection (1) shall be an amount no greater than the amount withdrawn for the property’s acquisition. O. Reg. 56/19, s. 1 (2). (3) In the case of real property that was acquired by the board or by another person on or after March 29, 2019, the amount referred to in subsection (1) shall be the amount determined as follows: 1. Take the total cost incurred by the board or another person to acquire the real property. 2. Take the amount of funds withdrawn from an education development charge account to acquire the real property. 3. Divide the amount determined under paragraph 2 by the amount determined under paragraph 1. 4. Multiply the number determined under paragraph 3 by the net proceeds of the sale, lease or other disposition. O. Reg. 56/19, s. 1 (2). Dispositions of real property 6.2 (1) Subject to subsection (5), a district school board shall use all proceeds of sales, capital leases and other dispositions of real property only for the following purposes: 1. Acquiring by purchase, capital lease or otherwise the things listed in subsection (2), if the costs to acquire those things meet all of the following criteria: i. The cost is a capital asset cost. ii. The cost is not incurred for increasing the gross floor area of a building. iii. The cost is not incurred for retrofitting or repairing temporary pupil accommodations. 2. Subject to subsections (6) to (8), acquiring by purchase, capital lease or otherwise, real property to be used by the board for board administration purposes, and additions, alterations, renovations or major repairs to real property used by the board for those purposes. O. Reg. 27/16, s. 5 (1). (2) The following are the things referred to in paragraph 1 of subsection (1): 1. Improvements to school sites. 2. School buildings, fixtures of school buildings or fixtures of school properties, or alterations, renovations or major repairs to school buildings, fixtures of school buildings or fixtures of school properties. 3. Installations on school properties to supply school buildings on the properties with water, sewer, septic, electrical, heating, cooling, natural gas, telephone or cable services, and alterations, replacements or major repairs to those installations. 4. Additions to school buildings for the purpose of improving the accessibility of the building or in relation to installations described in paragraph 3. 5. Furniture and equipment for the initial equipping of school buildings. 6. Furniture and equipment that are fixtures of school buildings. 7. Library materials for the initial equipping of libraries in school buildings. 8. Changes to the level, drainage or surface of school properties. O. Reg. 365/10, s. 2; O. Reg. 27/16, s. 5 (2, 3); O. Reg. 550/17, s. 5. (3) Revoked: O. Reg. 27/16, s. 5 (4). (4) Subject to subsection (5), every district school board shall use all proceeds of insurance on property of a kind referred to in subsection (2) only for the purposes referred to in subsection (1). O. Reg. 365/10, s. 2. (4.1) If a district school board uses the proceeds referred to in subsections (1) to (4) in a fiscal year, those proceeds shall be used in accordance with the following rules: 1. The board shall use at least 80 per cent of the proceeds used in that fiscal year to pay for costs that relate to any of the following major group elements: i. Substructure. ii. Shell. iii. Services. 2. The board shall not use more than 20 per cent of the proceeds used in that fiscal year to pay for costs that relate to any of the following major group elements: i. Interiors. ii. Equipment and furnishing, excluding moveable furnishings. iii. Special construction and demolition. iv. Building sitework. O. Reg. 27/16, s. 5 (5). (4.2) For the purposes of subsection (4.1), major group elements shall be determined and classified in accordance with the American Society for Testing and Materials (ASTM) E1557 Standard Classification for Building Elements and Related Sitework - Uniformat II, as it read on September 1, 2015. O. Reg. 27/16, s. 5 (5). (5) Subsections (1) and (4) do not apply to, (a) proceeds that the board is required to use in accordance with the rules set out in subsection 6.1 (1); (b) proceeds that the board is required to pay another board under an agreement approved by the former Education Improvement Commission; or (c) proceeds that the board is required to pay to the Crown in right of Canada pursuant to an agreement under subsection 188 (3) of the Act. O. Reg. 365/10, s. 2; O. Reg. 56/19, s. 2. (6) The amount that a district school board may use from the proceeds referred to in subsections (1) and (4) for the purpose described in paragraph 2 of subsection (1) shall not exceed the total of the board’s net proceeds from sales, capital leases and other dispositions of real property that, immediately before January 1, 1998, included buildings that were used by an old board for board administration purposes. O. Reg. 365/10, s. 2; O. Reg. 27/16, s. 5 (6). (7) Subject to subsection (8), for the purpose of subsection (6), the net proceeds from a sale, lease or other disposition is equal to the proceeds from the sale, lease or other disposition, less the expenses incurred for commissions, legal fees, appraisal fees, registration fees and adjustments to tax and utility accounts in respect of the sale, lease or other disposition. O. Reg. 365/10, s. 2. (8) For the purpose of subsection (6), if more than two hectares of land are included in property that is sold, leased or otherwise disposed of, the net proceeds from the sale, lease or other disposition shall be determined in accordance with the following formula: A × (B ÷ C) where, A = the net proceeds from the sale, lease or other disposition, determined in accordance with subsection (7), B = the fair market value, at the time of the sale, lease or other disposition, of a part of the property, not exceeding two hectares in area, that includes, (a) the land on which the buildings used by the old board for board administration purposes were situated, and (b) any other part of the property that was required to permit those buildings to be used by the old board for board administration purposes, C = the fair market value, at the time of the sale, lease or other disposition, of all the property. O. Reg. 365/10, s. 2. (9) A district school board shall not use the proceeds referred to in subsection (1) for the purpose described in paragraph 2 of subsection (1) unless the following requirements have been met: 1. The board must publish the following on a publicly accessible website or in a newspaper that, in the opinion of the secretary of the board, is of general circulation in the board’s area of jurisdiction: i. Notice of the board’s proposal to use proceeds for the purpose described in paragraph 2 of subsection (1). ii. Sufficient information to permit the board’s supporters to understand generally the board’s reasons for the proposed use of proceeds, but excluding information that, in the opinion of the board, would prejudice the board’s position in negotiations for the proposed acquisition. iii. Sufficient information to permit the board’s supporters to understand generally the board’s plans respecting use of the proceeds, but excluding information that, in the opinion of the board, would prejudice the board’s position in negotiations for the proposed acquisition. iv. Notice of the time and place of a meeting of the board’s supporters at which the board’s proposal will be discussed. v. Notice that the board’s supporters will be given the opportunity to make representations at the meeting. 2. The board must hold the meeting referred to in subparagraph iv of paragraph 1 on a day that is at least 21 days after the requirements of paragraph 1 have been met and must provide the opportunity to make representations referred to in subparagraph v of paragraph 1. 3. Within the period that begins three months after the meeting referred to in subparagraph iv of paragraph 1 and ends one year after that meeting, the board must pass a resolution that, i. is consistent with the notices and information provided under paragraph 1, and ii. directs the application of the proceeds referred to in subsection (1) for the purpose described in paragraph 2 of subsection (1). O. Reg. 365/10, s. 2; O. Reg. 27/16, s. 5 (7-9). Insurance for employees 6.3 A board shall use any amount refunded to the board by insurers or associations in respect of payments made by the board under clause 177 (1) (b) of the Act only for the purpose of providing insurance or services under subsection 177 (1) of the Act. O. Reg. 270/12, s. 1. Deferred revenue 7. Unless otherwise specified in a regulation made under the Act, a requirement under this Regulation to use an amount for a particular purpose shall not be interpreted as requiring a board to use that amount in the fiscal year for which the amount was provided or in which the amount was received. O. Reg. 193/10, s. 7; O. Reg. 157/11, s. 8. Revenue from other sources, reserve funds 8. (1) Any revenue from other sources received by the board that is used by the board for a purpose set out in this Regulation is in addition to the amount that the board is required by this Regulation to use for that purpose. O. Reg. 193/10, s. 8 (1). (2) Any amount that was held in a reserve fund of the board on August 31, 2010 for a purpose set out in this Regulation, and that is deemed to be an amount restricted for the same purpose under subsection 233.2 (1) of the Act, is in addition to the amount that the board is required by this Regulation to use for that purpose. O. Reg. 193/10, s. 8 (2). 9. Omitted (provides for coming into force of provisions of this Regulation). O. Reg. 193/10, s. 9.