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FUNDING CAP FOR INDEPENDENT & CATHOLIC SCHOOLS

Wednesday, September 12, 2012
The Member for Dubbo Troy Grant said that the introduction of a cap on annual funding for Catholic and Independent Schools from the 2013/2014 financial year for the next four years, was a tough but necessary measure given the economic legacy the Government inherited from the Labor party.

"Contrary to recent speculation over the future of funding to Independent and Catholic School funding, the sectors worst fears were not realised since there has not been any actual reduction to funding levels for these schools," said Mr Grant.

"As local member I was at pains to ensure that Independent and Catholic Schools in the electorate were spared the discomfort of enduring further cuts to their existing budgets.

"I am pleased that the Minister has responded to the concerns raised with him by members of the Government and ruled out cutting into the funding these schools already receive."

The per-capita Non-Government school funding pool will be capped for four years at the current level resulting in a total saving of $116 million.

"The cap will only be in place for four years and will not come into effect until 1 July 2013." said Mr Grant.

"Once the Government's financial position improves the level of funding to these schools may well be increased."

Mr Grant said the state has been handed a $5.2 billion reduction in GST revenue over the next four years resulting in the Department of Education and Communities needing to make significant changes to meet its budget savings target of $1.7 billion.

"It's worth remembering that the overall Education budget was increased by $383 million this financial year, representing 22.4% of the state's budget."

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