The Budget & Financial Planning Tool helps governance and management prepare their annual budget using Ministry of Education funding rates. In terms of creating a budget this tool enables you to predict the revenue from bulk funding, equity and targeted funding (if eligible), WINZ, and parent fees.
Calculation worksheets for child enrolled hours, salaries and wages including employer contributions to Kiwi Saver; and a worst case scenario calculation for reliever costs (not all worksheet images are shown). This tool also helps you plan for maintaining and replacing your learning resources.
We believe this tool will help governance and management strengthen their financial literacy and understanding of revenue, expenditure and plan for their viability and sustainability in the current financial climate. This tool will be updated when the Ministry of Education funding rates change. Our Budget & Financial Planning Tool also meets regulatory expectations for new and probationary licence services.
This includes up to 3 hours consultation. Before this we will send you an email with a request for information that is needed to prepare the budget. The outcome from the consultation will be a draft budget for your service. Should you want more than three hours this can be done by booking an online consultation for the additional time you think you need.