Tony Formosa
Durham Catholic District School Board/Elementary Teacher
2025 Salary
$118,461Total compensation $118,461, including $0 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#406Durham Catholic District School Board
Years on List
42022–2025
Peak Salary
$133,1592024
Full 2025 roster at Durham Catholic District School Board →·See where $118,461 ranks →
Total Compensation History
Full History
2022–2025
$103,208 in 2022 is worth about $112,082 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Elementary TeacherDurham Catholic District School Board | $118,461Benefits $0Total $118,461 |
| 2024 | Elementary TeacherDurham Catholic District School Board | $133,159Benefits $0Total $133,159 |
| 2023 | Elementary TeacherDurham Catholic District School Board | $102,965Benefits $0Total $102,965 |
| 2022 | Elementary TeacherDurham Catholic District School Board | $103,208Benefits $0Total $103,208 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Tony Formosa's $118,461 salary works out to roughly $86,021 after income tax, CPP and EI — an all-in deduction rate of about 27.4%. It is down about 11% from the $133,159 paid in 2024. The 2025 median for Elementary Teacher on the list was $118,036, almost exactly this figure. Pension contributions — likely OTPP for teachers or OMERS in the School Boards sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$86,021
- Effective income-tax rate (excl. CPP/EI)
- ~22.7%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~27.4%
- vs. 2025 Elementary Teacher median
- about even
Where does $118,461 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.