Catholic board posts surplus

Huron-Superior Catholic District School Board posted a surplus of nearly $1.5 million for the 2017-2018 financial year ending Aug. 31.Revenue stood at $83,666,308, draft consolidated financial statements show. Expenses came to $82,218,953. The surplus stood at $1,447,355, bringing the English Catholic board’s total accumulated surplus to $9,171,120.Student focused provincial grants made up $67,324,769, or 80 per cent, of total revenue.Instruction costs represented the largest expense at $5