2011 Annual Report to the Community - Mary Mackillop Primary ...
2011 Annual Report to the Community - Mary Mackillop Primary ...
2011 Annual Report to the Community - Mary Mackillop Primary ...
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Financial Performance<br />
<strong>Mary</strong> MacKillop <strong>Primary</strong> School, Narre Warren Nth<br />
Financial Performance for <strong>the</strong> year ended 31 December <strong>2011</strong><br />
<strong>Report</strong>ing Framework Modified Cash $<br />
Recurrent income Tuition<br />
School fees 269,886<br />
O<strong>the</strong>r fee income 101,990<br />
Private income 21,466<br />
State government recurrent grants 1,090,278<br />
Australian government recurrent grants 2,831,042<br />
Total recurrent income 4,314,663<br />
Recurrent expenditure Tuition<br />
Salaries, allowances and related expenses 3,116,624<br />
Non salary expenses 482,627<br />
Total recurrent expenditure 3,599,251<br />
Capital income and expenditure Tuition<br />
Government capital grants -<br />
Capital fees and levies 170,601<br />
O<strong>the</strong>r capital income 2,704<br />
Total capital income 173,304<br />
Total capital expenditure 136,133<br />
Loans (includes refundable enrolment deposits and<br />
recurrent, capital and bridging loans) Tuition<br />
Total opening balance 225,019<br />
Total closing balance 175,639<br />
Non DEEWR FQ reported items Tuition<br />
System levies (payments) (394,813)<br />
Intra systemic transfer receipts (payments) (2,562)<br />
Diocesan capital fund (SCF) receipts (payments) (33,576)<br />
Note that <strong>the</strong> information provided is not comparable with o<strong>the</strong>r educational sec<strong>to</strong>rs. This VRQA template is not comparable <strong>to</strong> <strong>the</strong><br />
ACARA school-level income reporting requirements which are <strong>to</strong> be reported on <strong>the</strong> MySchool website later this year. ACARA<br />
school level reporting requirements will require system level income from Government grants and some private income <strong>to</strong> be<br />
allocated by school. This will be a small adjustment in relation <strong>to</strong> <strong>the</strong> <strong>to</strong>tal level of school resources. At this stage, recurrent income<br />
from Government sources, school generated income and capital expenditure are <strong>to</strong> be reported by schools. Additionally when<br />
assessing <strong>the</strong> private income of <strong>the</strong> school include both recurrent and capital school fees.<br />
<strong>2011</strong> <strong>Annual</strong> <strong>Report</strong> <strong>to</strong> <strong>the</strong> School <strong>Community</strong> 15