Funding / Finance

Government budgets - Vote: Education

Budget 2014

NZSTA Members Memo M-14-2 (Members only) Main points for boards of trustees

Ministry of Education (Ministry) summary of Education initiatives announced by the Government in Budget 2014

Budget 2013

NZSTA Members Memo M-13-3 (Members only) Main points for boards of trustees

Ministry summary of Education initiatives announced by the Government in Budget 2013

Budget 2012

NZSTA Members Memo M-12-4 (Members only) Budget announcement on staffing ratios

NZSTA Members Memo M-12-3 (Members only) Vote: Education - implications of budget for Boards of Trustees

NZSTA Members Memo M-12-2 (Members only) Minister Parata's pre-budget speech and NZSTA comment

Ministry summary of Education initiatives announced by the Government in Budget 2012.

Earlier NZSTA memos can be found in our Member Memos area. (Members only)

You can find further information on earlier government budgets on the Ministry website or the Treasury website

Operational Funding (Ops Grant)

Operational Funding is the money your board receives from the Government to implement the goals of the school's charter, and for the running of the school.

Quarterly Funding calculator

Use the Ministry's Quarterly Funding calculator to estimate the operational funding you are likely to receive.

Reports on school finances and operational funding, and to Ministry information about Operational Funding.

Tax obligations

Schools operated by boards of trustees are exempt from income tax by the Education Act 1989, but may have to pay other taxes, such as goods and services tax (GST) and fringe benefit tax (FBT).

Payroll

The Ministry has a contract with Talent2 to provide the payroll service, Novopay, for all state and state integrated schools. Follow the link to Progress reports.

Staffing Calculator Use the Ministry’s Staffing Calculator to estimate the funding you are likely to receive for staffing.

Fees and donations

Education Circular 2013/06 provides advice on the rights of Boards of Trustees, Proprietors, parents, and students in respect of requests for donations  and other forms of payment in schools.

Payroll giving  State and state integrated schools or their Boards of Trustees automatically have approved Inland Revenue donee organisation status and so are eligible to receive donations through payroll giving.

Background to payroll giving

Since 7 January 2010 employees have been able to make charitable donations to any state or state integrated school (or other pre-approved charity) through their employer and receive immediate tax credits. This is known as “Payroll giving”.

For schools  (donees)

Payroll giving is changing the way organisations (schools, charities, sports clubs, churches, etc.) receive their income.

For donee organisations including schools, being registered for Payroll Giving can help smooth funding throughout the year and reduce the costs of fundraising. State and state integrated schools have automatic donee organisation status.

For parents and community members (donors)

In the past, donors have had to save receipts and then submit them at the end of the year to obtain a tax refund.  Payroll giving allows donors to choose the organisation that they want to give to from a list of verified donee organisations and give smaller amounts each payday to avoid the difficulty of having to find cash for large donations.  Donors will get their tax credit at the time of the donation.

Please note that only certain payments qualify as a tax credit/deduction.

Please see the IRD website for more information.

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