Ontario. Ministry of Education (1972-1993). Financial Services Branch

• Financial Services Branch

In 1979, when the administrative functions of the Ministries of Education and Colleges and Universities were combined into one Administration Division, the Financial Services Branch was formed. The new branch became part of the Operations Division (renamed Financial and Administrative Services Division in 1982), which was a subordinate division of the Administration Division. The Financial Services Branch assumed staff and functions from the disbanded Financial Management Branch of the Ministry of Education and the Institutional Accounting and Architectural Services Branch of the Ministry of Colleges and Universities. Financial Services Branch was composed of the following units: Administration, Shared-Cost Programs, Accounting Services, Architect-Financial, Grants Services, and Financial Operations. In 1981, it was re-organized into two sections, Financial Operations and Administration Section, and Grants Services Section; the approvals function of the Architect-Financial Section was transferred to Architectural Services Section, Grants Policy Branch. An Expenditure and Revenue Accounting Section also existed in the Financial Services Branch from 1983 to 1984

Financial Services Branch was composed of the following units: Administration, Shared-Cost Programs, Accounting Services, Architect-Financial, Grants Services, and Financial Operations. In 1981, it was re-organized into two sections, Financial Operations and Administration Section, and Grants Services Section; the approvals function of the Architect-Financial Section was transferred to Architectural Services Section, Grants Policy Branch. An Expenditure and Revenue Accounting Section also existed in the Financial Services Branch from 1983 to 1984.

Beginning in 1986 the Financial Services Branch reported to the Administration Division (renamed Finance and Administration Division in 1992). The Grants Services Section was transferred to the School Business and Finance Branch in 1987. In 1988, the Financial Services Branch was re-organized into the Financial Operations and Administration Section and two separate units: Financial Consulting Services, and Transfer Payment Administration. Two new units were added in 1990: FIS Renewal Project, and Financial Management and Program Analysis Section.

The Financial Services Branch ceased to exist in 1993 as a result of the merger of the Ministries of Education, Colleges and Universities and Skills Development, and was replaced by the Corporate Services and Accounts Team of the new Ministry of Education and Training.

The Financial Services Branch of the Ministry of Education controlled the payroll/personnel system, prepared claims for federal-provincial cost sharing programs, and processed, recorded and controlled expenditures and revenue for the Ministries of Education and Colleges and Universities. As well, it approved architectural projects until 1981.

From 1979 until 1987 the branch also administered all grants programs to school boards, colleges and universities, and also provided advisory services for capital grant programs. The branch also assumed responsibility for operational policies related to capital fund allocation, capital approvals, and all matters arising from the Ministries of Education and Colleges and Universities capital funding for school boards, Colleges of Applied Arts and Technology, and the universities.

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Archivist(s):
R. Anger