Thank you, Mr. Speaker. I appreciate the Member bringing this up. It's good to get this type of information out to the public. I know that, when I was a Regular Member, and even now as a Minister, there seems to be difficulty communicating with the people on the ground, with the boards, about the roles and responsibilities and the rights of education authorities.
The policy that the Member is referencing was enacted to ensure that money that is provided by this Assembly for education is spent on education, and it allows for surplus carryover that is either 7 percent of audited revenue or $250,000, whichever is greater. If this amount is exceeded, the education body has to put forward a plan on how they are going to reduce that, and that plan comes to me.
I want to let the Minister know that I am very flexible in how I am going to administer this. If there is a real need for an education authority to set aside money in order to do something like purchase school buses, then I will have that conversation. They can write to myself, write to the department, and we can begin that process. We don't really claw money back. There has never been a situation where ECE has decided we are going to take money back. Every plan has been approved so far. Thank you, Mr. Speaker.