Professional Development Trust Fund. a. A joint Professional Development Trust Fund shall be established by the Board. b. The Board shall contribute a minimum of two hundred and eighty dollars ($280) per teacher (continuing and temporary) to the Fund each year. The RTA shall contribute a minimum of seventy dollars ($70) per teacher per year. c. The Board shall contribute a minimum of five hundred and sixty dollars ($560) (equivalent to 2.0 FTE) to the Fund each year, on behalf of Teachers-Teaching-On- Call. The RTA shall contribute a minimum of one hundred and forty dollars ($140) per year. d. The Professional Development Trust Fund shall only finance those activities that meet the professional development priorities of the Professional Development Committee and the authorized activities of individual teachers. e. All expenditures from the joint Professional Development Trust Fund shall be made in accordance with School Board financial regulations and procedures. f. Annually, the Board shall provide the Committee and the RTA with an accounting for funds spent.
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Samples: Collective Agreement, Collective Agreement, Provincial Collective Agreement