2020 Educational and Financial Reporting Policy
Public Disclosure
MLC School will maintain the relevant data and will comply with reporting requirements of the Department of Education and Communities (DEC) and the Department of Education and Training (DET). This reporting will include public disclosure of the educational and financial performance measures and policies of the School as required from time to time.
MLC School will maintain the relevant data and will comply with reporting requirements of DEC and DET. This report includes public disclosure of the educational and financial performance measures and policies of the School. This report is available to download by members of the MLC School Community via the MLC School website. Notification of its availability after 30 June 2021 will be made via the MLC School Community e-newsletter. It will also be made available in hard copy upon request.
Procedures
Annual Report Procedures for implementing the policy include: Ì
Identification of the staff member responsible for coordinating the final preparation and distribution of the annual report to the Board and other stakeholders as required
Ì
For each reporting area, identification of the staff member responsible for the collection, analysis and storage of the relevant data and for providing the relevant information to the coordinator for inclusion in the report
Ì
Determination of the specific content to be included in each section of the report and reviewing this each year to ensure ongoing compliance, relevance and usefulness
Ì
Preparation of the report in an appropriate form to send to the NSW Education Standards Authority (NESA) setting the annual schedule for:
Financial Information Summary
The financial position of MLC School continues to remain sound, with all key budget parameters for 2020 achieved.
5% 15%
Income
80%
Î Delivery of information for each reporting area to the coordinator Î Preparation and publication of the report Î Distribution of the report to NESA and other stakeholders
Requests for Additional Data
From time to time the Australian Government, through the Minister for Education, and the NSW Government, through the Minister for Education and Communities, may request additional information. To ensure that any requests are dealt with appropriately, the School will identify the staff member 5% responsible for coordinating the School’s response. This person is % 15collection responsible for the of the relevant data and for ensuring it is provided to the relevant authority in the appropriate form.
Income
80%
DET Annual Financial Return
Fees and private income Commonwealth recurrent grants State recurrent grants
4% 28%
Expenditure
68%
The School will identify the staff member responsible for completing the questionnaire. This person is responsible for the collection of the relevant data and for ensuring it is provided to DET in an appropriate form. Salaries, allowances, related expenses Non-salary expenses Capital expenditure
6
MLC SCHOOL