Tuesday, September 21, 2021

NSW public school principals asked to spend all education funding on students

New rules introduced this week for NSW public school principals will mean they must spend all of their record education funding on the students it is intended for.

Minister for Education Sarah Mitchell said the move is being supported by additional training and tools to simplify school budgeting so that every dollar allocated is being invested in the current cohort of students.

“We know there are some principals who need more support to effectively spend the funding they are receiving on the students it is intended for,” Ms Mitchell said.

“Our schools are required to plan and spend each year’s budget allocation within that calendar year using new tools and a simplified budgeting system.

The school funding model is student focused, schools receive amounts depending on their student cohort.

“Public schools in NSW are better funded than at any point in history. It is imperative that this money is actually spent on the current student cohort. Gonski funding is there to lift student outcomes – it’s not there to be saved for a rainy day,” Ms Mitchell said.

MUST READ  Georgina Harrisson appointed new NSW Education Secretary

“The NSW Government’s commitment to record funding in schools has always been student focused. Every dollar allocated must be spent on providing the support and services to the students it was intended for, within that year.”

The Carry Forward Policy was developed in consultation with school stakeholders over a 12-month period and is part of a renewed focus on school success to ensure the necessary supports are in place to drive student outcomes.

The policy will apply to the annual State and Federal budget allocations but does not affect funds from local school and community sources.

“We have fought hard to achieve a needs based, sector blind funding model and we must ensure the necessary system-wide tools are in place to deliver this investment to support the current student cohort.”

In 2021, NSW public schools will receive $10.1 billion to invest in students. Currently $1.49 billion remains unspent from previous years. The changes introduced through this policy will no longer allow schools to rollover funding year to year.

MUST READ  Himachal registers 25 per cent growth in revenue in Dec 2020 vis-a-vis Dec 2019
MUST READ  NSW schools reopen from October 25 in staggered manner

“Principals will no longer be able to rollover funds across years, and measures will be put in place to provide additional support to invest the funding in current students. This may take the form of guidance on teaching practice and learning programs, or extra staff and resources in areas of need,” Ms Mitchell said.

“Introducing this policy also provides our schools with clarity to spend the balances that they have accumulated from past budgets. Schools will be supported to spend these balances evenly over the next four years in alignment with school Strategic Improvement Plans.

“Under the new School Success Model introduced this year, a range of individual targets have been set for schools to meet.

“Schools that have ‘underspends’ who are not meeting targets will receive instruction on how to spend their unspent funding to lift their results.”

Latest news

Victoria gives $2.7 mn grant for food support to multicultural communities

The Victorian Government is ensuring culturally diverse Victorians doing it tough can still put food on the table by helping more multicultural organisations provide...

Victoria Premier condemns anti-lockdown protests

Victoria Premier Dan Andrews has condemned people for the acts of violence and disruption Melbourne has seen over the last two days. In an official...

Sukhjinder Singh Randhawa becomes Deputy CM of Punjab

Newly inducted Deputy Chief Minister S. Sukhjinder Singh Randhawa assumed charge in Chief Minister’s office (2nd Floor) at Punjab Civil Secretariat in the presence of...

Shreyas Talpade to direct and act in ‘SarCar Ki Seva Mei’

Actor Shreyas Talpade, who rose to fame with Subhash Ghai's Iqbal, is now trying his luck in the field of direction. After directing the...

Related news

MUST READ  Children in NSW schools to be introduced to updated fire safety programs

Victoria gives $2.7 mn grant for food support to multicultural communities

The Victorian Government is ensuring culturally diverse Victorians doing it tough can still put food on the table by helping more multicultural organisations provide...

Victoria Premier condemns anti-lockdown protests

Victoria Premier Dan Andrews has condemned people for the acts of violence and disruption Melbourne has seen over the last two days. In an official...

Sukhjinder Singh Randhawa becomes Deputy CM of Punjab

Newly inducted Deputy Chief Minister S. Sukhjinder Singh Randhawa assumed charge in Chief Minister’s office (2nd Floor) at Punjab Civil Secretariat in the presence of...

Shreyas Talpade to direct and act in ‘SarCar Ki Seva Mei’

Actor Shreyas Talpade, who rose to fame with Subhash Ghai's Iqbal, is now trying his luck in the field of direction. After directing the...

Young farmers to be mentored by old hands in Victoria’s new agri program

The Victorian Government is calling on young farmers to take their careers to the next level, with expressions of interest open for the 2022...

‘Friends Bubble’ of three children allowed during school holidays

Children and teenagers aged 18 years and under will be able to create a ‘friends bubble’ to allow home visits provided the adults in...

JobTrainer program: Timber mill workers retrained to work in Wagga Wagga

Around 50 timber mill workers in Wagga Wagga who were set to lose their jobs with the relocation of the Big River timber mill...

NSW records 1,022 new cases, 10 deaths; three LGAs in lockdown

NSW has recorded 1,022 new covid-19 cases and 10 deaths in the 24 hours to 8pm last night. NSW Health Minister Brad Hazzard said the...