Key figures of Budget 2015

Vote Education Operating Initiatives
$ millions   2015/162016/172017/182018/19 4-year Total
           
Previously announced           
New Schools and Roll Growth Classrooms 8.927 24.714 26.730 27.878 88.249
             
Initiatives           
Achievement and Investment Management 1.437 2.806 3.276 3.276 10.795
Additional In-Class Support  5.718 5.795 5.872 5.951 23.336
Cost Adjustment for Schools’ Operational Grant Funding 6.080 12.066 12.093 12.085 42.324
Count Me In  1.000 1.000 - - 2.000
Earthquake Resilience Statutory Requirements 4.850 - - - 4.850
Education-Wide Funding System  3.540 5.130 5.130 3.890 17.690
Education Payroll 15.949 12.438 12.438 12.438 53.263
Gateway Education Assessments for Vulnerable Children 1.000 1.000 1.000 1.000 4.000
October Baseline Update 2014 Forecast Changes 33.901 26.269 13.721 18.538 92.429
Ongoing Resourcing Scheme Demand Pressures 7.473 9.834 10.666 11.553 39.526
School Buildings Insurance 8.500 8.500 8.500 8.500 34.000
School Transport Operational Efficiencies1 0.750 0.750 1.000 0.500 3.000
Supporting the Implementation of Youth Guarantee Initiatives 5.158 4.570 3.790 3.083 16.601
Year 9 Plus (Concept Test) 0.571 0.672 0.554 0.409 2.206
Youth Guarantee Trades Academies (Additional Places) 1.234 2.468 2.468 2.468 8.638
             
Total 106.088 118.012 107.238 111.569 442.907

[1] Please note this is an invest-to-save initiative. We have presented the spending and saving elements separately. The net saving over the four-year period is $19.000 million. 

 

Vote Education Reprioritisation and Savings
$ millions
2015/162016/172017/182018/19 4-year Total
            
Laptops for Teachers Efficiency Gains (0.966) (1.206) (1.096) (1.709) (4.977)
Positive Behaviour for Learning School-Wide Efficiencies  (0.743) (0.743) (0.743) (0.743) (2.972)
Reductions to Funding for Teacher Trainee Scholarships (2.194) (1.521) (1.521) (1.521) (6.757)
Reductions to Funding for TeachNZ National Study Awards  (0.773) (0.773) (0.773) (0.773) (3.092)
Reductions to Network Contingency (3.000) (3.000) (3.000) (3.000) (12.000)
Reprioritisation of Funding from Early Childhood Education Outcomes-Based Purchase Agreements  (1.260) (2.640) (4.000) (4.000) (11.900)
School Transport Operational Efficiencies (2.000) (5.000) (5.000) (10.000) (22.000)
Trades Academies Savings  (1.234) (2.468) (2.468) (2.468) (8.638)
            
Total (12.170) (17.351) (18.601) (24.214) (72.336)

 

Vote Education Capital Initiatives 
$ millions   2015/162016/172017/182018/19 4-year Total
               
New Schools and Roll Growth Classrooms 154.728 73.100 16.000 - 243.828
             
Total 154.728 73.100 16.000 - 243.828

 

Transfer to Vote Social Development
$ millions
2015/162016/172017/182018/19 4-year Total
               
Social Sector Trials
Operating (Fiscally neutral transfer of funding for contracts under Trials management)  (0.460)       (0.460)
Capital (Transfer of funding to extend trials, funded through reductions in School Capital Grants)  (1.380) (1.048)      (2.428)
            
Total (1.840) (1.048)     (2.888)

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