The Toronto school board says it won't have to make planned cuts to programs this year, after Tuesday's announcement by the province of additional funding.
Toronto is in store to receive about an extra $27 million from the province.
The money will be the city's share of an additional $309 million in funding for schools across Ontario.
Premier Dalton McGuinty announced he's allocating $182 million for the coming school year and an additional $127 million in 2008-09 to improve the quality of education.
The new funding, which is on top of a $781-million funding boost announced in March, includes $41 million to hire 300 more vice-principals in large schools.
Education assistants, primary teachers and school bus operations will also get part of the boost.
Toronto school trustee Josh Matlow told CTV News the announcement solves the board's financial woes -- at least for the coming school year.
Matlow said that means kids in Toronto won't see cuts when they go back to school in September.
"They're not going to lose their teacher, they're not going to lose their education system, they're not going to see pools close," Marlow said.
Matlow said he also likes the province's promise to review their school funding formula -- board officials have long argued doesn't fit Toronto's needs.
But McGuinty said the formula won't be reviewed until 2010 -- and Annie Kidder, a member of People for Education, said it should be looked at sooner.
"I think that 2010 is a long time to wait," Kidder said.
Kidder said reviewing the formula is necessary if the province wants to think about what the education system will look like years down the road.
