RAND PARK HIGH Annual General Meeting 24 October 2013

Agenda Welcome and Apologies Previous Minutes and matters arising Chairman’s Report Principal’s Report 2012 Audited Financials Overview of 2013 Proposed 2014 Budget Resolutions General 2002 Inv. Bus Plan

Chairman’s Report Mr. Garth Johnson

Principal’s report Mr. Alan Wilke

Financial Reporting Mr. Garth Johnson

Overview of 2012 Audited Financials Fees Income R 25 863 779 Other Income R 2 173 036 Expenses -R 24 853 380 Capital Expenditure -R 2 613 121 (Loss) / Profit R 570 315

2013 Year end Forecast Income R 29 164 712 Budget R 28 680 021 Expenditure R 29 261 246 Budget R 28 638 041 Operating Loss (96 534) Profit: Budget R 41 980

Review of 2013 Income 2013 Forecasted Income R 29 164 712 School Fees R 27 319 881 GDE Funds R 757 500 Squires Fund Raising R 554 414 Other Income R 532 917

Review of 2013 Expenses 2013 Forecasted Expenditure R29 261 246

Capex Outlay 2013 The Capex items were: R1 928 630 Buildings R 340 000 Upgrading of Consumer Centers R 700 000 Cricket Field upgrade R 350 000 Hockey Field seating R 84 104 Desks & Chairs R 71 000 IT Equipment R 325 000 Fitness Equipment R 58 526

Security Guard Hut

Shade Covers at the Pool Area

Bathrooms

Roof mounted data projectors

Consumer Centres

Consumer Centres

Security Cameras

Learner Lockers

Prefab maintenance

Pavilion Ceilings

Seating at Hockey Field

Cricket Nets

School Enrolment 2012: 1510 2013: 1500 2014: 1500

Staff summary GDE SGB TOTAL Principal 1 Deputy Principals 2 4 Heads of Department 8 6 14 Teachers 41 22 63 Administrative Staff 12 16 Support Staff 7 19 Total 54 117

2014 Budget The budget covers: The cost of maintaining the level of education offered to the learners by the school All operational, security, maintenance, staff remuneration and capex expenses The Role of the School Governing body is to review and support the budget setting The Parent body approves the annual budget

2014 Budget setting To ensure Rand Park High remains a competitive and sought-after public school, in all aspects. The need to retain quality educators in the school and ensure manageable class sizes The need to improve and introduce the best practice in the field of technology and infrastructure Compliance with the South African Schools Act Continued maintenance and upgrading of the school building

2014 Budget Objectives Income must exceed expenditure Ensure the quality of education is maintained and improved Offer a balanced range of learning and other activities Maintain the best practice in the field of technology and infrastructures The need for expenditure to run the school effectively Maintain a secure, safe and clean environment Adequate equipment to meet the school operational needs

Key factors for 2014 Budget setting Learner enrollment numbers Payment of fees – exemption and bad debt ratios The lack of funding from the Government in respect of exemptions and bad debts Limited income from the Government Salary budget is critical to pupil/educator ratio and distinguishes our school from many other schools School fees to cover all essential educational and operational expenses Expenditure is limited to funds collected Cutting fees will result in a reduction in facilities, teaching staff, choice of subjects and extra-murals

Summary of Proposed 2014 Budget School Fee Income R 29 815 830 Other Income R 1 884 880 Total Income R 31 700 710 Expenditure R 31 633 879 Surplus R 66 831

Expenditure summary 2013 Budget 2013 Forecast 2014 Budget ADMIN EDAIDS MAINTENANCE MAINTENANCE - ROOF PR PRINTING REQUIREMENTS SECURITY TECHNICAL SUPPORT R 1 025 685 R 553 960 R 1 993 923 - R 48 900 R 942 329 R 1 700 193 R 1 436 449 R 878 609 R 1 053 436 R 553 960 R 80 400 R 942 329 R 879 912 R 1 102 792 R 599 852 R 2 165 263 R 160 000 R 103 000 R 997 296 R 1 812 497 R 1 504 680 R 940 838 cont…

Expenditure summary 2013 Budget 2013 Forecast 2014 Budget CULTURAL SPORTS SPORTS - CAPEX TRANSPORT EVENT CO-ORDINATION SALARIES CAPEX CONTINGENCY R 209 150 R 481 240 - R 548 986 R 346 626 R 17 045 991 R 1 176 000 R 250 000 R 488 625 R 349 262 R 16 845 991 R 1 928 630 R 250 000 R 166 450 R 568 980 R 336 050 R 579 639 R 369 120 R 18 607 422 R 1 370 000 TOTALS R 28 638 041 R 29 261 246 R 31 633 879

2014 Proposed Capex Main Items: New Tractor Upgrading staff village ablution facilities Replacement of IT equipment Possible Fitness Centre Upgrade Labs to the latest Delphi version

Proposed 2014 School Fees

School Fees No school can operate successfully if inadequately funded. The primary reason for deteriorating standards in some schools is the relatively low level of funding to these schools Historically our fees have fallen into the same general bracket as Northcliff, Bryanston,Fourways, Hyde Park and Parktown Girls. We are typically more expensive than schools like Allen Glen, Ferndale and Roosevelt. Our fees are significantly lower than private schools like Trinityhouse, Aurora and St Stithian’s. .

Local School Fees 2013 2014 Increase Allen Glen Ferndale Roosevelt Fourways RAND PARK Parktown Girls Bryanston Northcliff Hyde Park Greenside Parktown Boys Trinity Aurora St Stithians 16 350 14 100 16 104 25 800 (Gr8) – 24 800 (Gr9-12) 24 680 26 150 27 650(Gr8-9) – 26 700 (Gr10-12) 28 000 (Gr8) – 26 500 (Gr9-12) 28 500 (Gr8/New) - 26 000(Gr9-12) 25 000 30 900 64 900(Gr8-9) – 68 500(Gr10-12) 58 488 97 206 18 000 (tablet excl) or 20 000 (tablet inc) 15 000 17 200 28 380 (Gr8) - 27 280 (Gr9-12) ????????????? 28 372 30 000(Gr8-9) – 28 969 (Gr10-12) 30 240 (Gr8) – 28 620 (Gr9-12) 30 922 (Gr8\New) – 28 210 (Gr9 – 12) 26 250 33 526 64 336 106 926 1 650 / 3 650 900 1 096 2 580 / 2 480 2 222 2 350 / 1 996 2 240 / 2 120 2 422 1 250 2 626 5 848 9 720

Proposed Fee Structure 2014 School fees proposed as Gr 8: R27 400 Gr 9 – 12: R26 900 New Learners: R500 (additional) Incentives offered for early payment Debit order arrangement

Local School Fees 2013 2014 Increase Allen Glen Ferndale Roosevelt Fourways RAND PARK Parktown Girls Bryanston Northcliff Hyde Park Greenside Parktown Boys Trinity Aurora St Stithians 16 350 14 100 16 104 25 800 (Gr8) – 24 800 (Gr9-12) 24 680 26 150 27 650(Gr8-9) – 26 700 (Gr10-12) 28 000 (Gr8) – 26 500 (Gr9-12) 28 500 (Gr8/New) - 26 000(Gr9-12) 25 000 30 900 64 900(Gr8-9) – 68 500(Gr10-12) 58 488 97 206 18 000 (tablet excl) or 20 000 (tablet inc) 15 000 17 200 28 380 (Gr8) - 27 280 (Gr9-12) 27 400 (Gr8) – 26 900 (Gr9-12) 28 372 30 000(Gr8-9) – 28 969 (Gr10-12) 30 240 (Gr8) – 28 620 (Gr9-12) 30 922 (Gr8\New) – 28 210 (Gr9 – 12) 26 250 33 526 64 336 106 926 1 650 / 3 650 900 1 096 2 580 / 2 480 2 720 / 2 220 2 222 2 350 / 1 996 2 240 / 2 120 2 422 1 250 2 626 5 848 9 720

Fees Policy Fees are levied in terms of The South African Schools Act # 84 of 1996 section 38 and 39. In terms of Section 40 parents have a legal obligation to pay school fees. The school do not have to enter into a contract with parents to pay school fees. School fees is a statutory obligation, which a learner’s parents must pay and the parents (married, unmarried or divorced) are jointly and severally liable unless and to the extent of them being exempted. The governing body may by process of law enforce the payment of school fees by parents who are liable to pay in terms of The South African Schools Act #84 of 1996 section 40. The governing body will follow Section 41 (5) when initiating legal action to enforce the payment of school fees.

Exemption Policy Exemption from School Fees are available to qualifying parents in terms of The South African Schools Act # 84 of 1996 section 39. Exemptions are granted as stipulated in the Exemption Regulation Gazette no. 29311 dated 13 October 2006. Parents who wish to be exempted from the payment of school fees must apply annually to the SGB. The income of both parents irrespective of their marital situation or the maintenance agreement are used in the calculation of exemption. A maintenance agreement cannot be enforced on a third party being the school. Exemptions are funded from school fees.

SCHOOL FEES ARE PAYABLE IN ADVANCE Payment Methods SCHOOL FEES ARE DUE AND PAYABLE ON THE 1ST DAY OF SCHOOL. SCHOOL FEES ARE PAYABLE IN ADVANCE 10 % Discount for doing so: Gr 8: Payment by 31 January 2014 = R24 660 Gr 9 to Gr 12 Payment by 31 January 2014 = R24 210 Alternative monthly payment plans (January 2014 to October 2014) Gr 8 Debit orders of R2 740 Gr 9 to Gr 12 Debit orders of R2 690 Gr 8 Cash or direct deposit of R2 740 Gr 9 to Gr 12 Cash or direct deposit of R2 690

Payment Methods continued HOWEVER Should alternative payment commitments fail to be met or adhered to at ANY stage: THE FULL SCHOOL FEE AMOUNT WILL BECOME DUE AND PAYABLE IMMEDIATELY SCHOOL FEES ARE STATUTORY DEBT WHICH IS PRESCRIBED BY LAW AND MAY NOT BE REFERRED TO A DEBT COUNCELLOR FOR DEBT REVIEW UNDER SECTION 129 OF THE NATIONAL CREDIT ACT.

Tours & Camps 2014 Planned Tours & Camps for 2014: CRICKET 1st Team to Kwazulu-Natal during September Holidays. U14 team to Durban during September Holidays. WATERPOLO 1st Team Boys to Port Elizabeth during September Holidays. 1st Team Girls to Port Elizabeth during September Holidays.   RUGBY 1st Team to Margate during March Holidays. U16 to Durban during March Holidays. U15 and Y16 to Brits during March Holidays

Tours & Camps 2014 continued NETBALL 1st Team Tour to Cape Town during March Holidays. U15, U16 and U17 tour to Margate during March Holidays. HOCKEY 1st Team Boys to Kwazulu-Natal during March Holidays. 1st Team Girls to Kwazulu-Natal during March Holidays. LEADERS CAMP Leaders camp during September. HIKING St. Lucia during the September Holidays  

Approval of Budget Budget as tabled proposed by School Governing Body To be approved by this meeting

Resolutions of the Parent Body present at the AGM

Resolution 1 That Rand Park High will be a fee paying public school

Resolution 2 Rand Park High will offer the following education programmes. Grade 8 & 9 will follow the General Education and Training programme Grade 10, 11 & 12 will follow the Further Education and Training programme These programmes include the following: All relevant learning area information and core notes All relevant educational speakers with relevant information to the academic core syllabi cont… 2002 Inv. Bus Plan

Resolution 2 cont Educational trips where specified as a compulsory element of the specific learning area Transport for pupils selected to represent RPHS for the extra-curricular programme Excluded from the programme are the following: Text books Stationery All tours offered by the school outside the compulsory excursion as stipulated by the curriculum School uniform Sports equipment and sports uniform

Resolution 3 R27 400 per Gr8 learner R26 900 per Gr9 to Gr12 learner The annual school fees for Rand Park High for the year 2014 shall be R27 400 per Gr8 learner R26 900 per Gr9 to Gr12 learner

Resolution 4 That certain extended payment dispensations will be allowed, as presented and approved by the finance committee, subject to the clear understanding that should extended term payment commitments fail to be met, all school fees will become immediately due and payable

Resolution 5 The criteria and procedures to be applied for the total, partial or conditional exemption from the requirement to pay school fees, will be governed by : The South African Schools Act # 84 of 1996 Exemption Regulations 18 October 2006 National Norms and Standards for school funding 31 August 2006 (Gazette no 29179)

Resolution 6 That the Financial Budget for 2014 be accepted as presented

Resolution 7 That M Kruger Auditing Incorporated be re-appointed as the auditors for Rand Park High School for 2014

Resolution 8 That the Governing Body be authorised to make adjustments to planned expenditure – of both an operating and a capital nature – in order to meet the needs of the School as they may arise from time to time without needing to refer such adjustments back to the Parent Body of the School for prior approval

Resolution 9 The SGB is empowered to pay additional remuneration to state employees to attract and / or retain the best educators and staff and this amount is included in the Budget for 2014 and is to be submitted for approval by the Department of Education in terms of Section 38a of the South African Schools Act.

Resolution 10 Payment of School fees is a statutory obligation. In order to enforce this all monies received by the school will be allocated to outstanding school fees.

General

Thank you for coming