Older News  » A better way of funding our schools

Last updated 12:33 PM on 22 October 2013

The NSW Government is introducing a new funding model for all NSW public schools that is simpler, fairer and more transparent.

The funding model is a key part of a broader education reform called Local Schools, Local Decisions, which places students at the centre of school decision-making.

It gives principals and their school communities a greater say over how they allocate and use their available resources to best meet the needs of their students.

When fully implemented, schools will manage more than 70% of the state public school education budget, an increase from the current 10%.

Improving learning outcomes

There is strong evidence that the strategic allocation of resources is one of the key ways in which school leaders can have a significant and positive impact on student learning outcomes.

To enable the shift of funding to the school level, we have developed a new Resource Allocation Model (RAM).

Five principles underpin the development of the RAM.

The RAM is:

  • based on student and school needs
  • evidence based
  • moving funds to schools efficiently and transparently
  • providing certainty for schools
  • sustainable and adaptable.

The RAM will be implemented in phases from 2014.

VIDEO: RAM explained.

Find out more information about the Resource Allocation Model.