1. AGM of School Board
2016

2. SCHOOL BOARD ANNUAL GENERAL MEETING
AGENDA
Please note:
The attendance form is near the door. Please enter your name and the name of anyone offering their apologies.
1. Opening Prayer.
2. Acceptance of Minutes of the 2015 A.G.M.
3. Business arising from the minutes of A.G.M 2015.
4. A report by the current Board chairman to the School community on the operation of the Board during the preceding 12 months. The Board will make the report available to the School Community.
5. An announcement of the criteria for Board membership, as stated in Section 8.1 of this Constitution;
6. Election of members to the Board and;
7. Announcement of the names of the new members of the Board.
8. Treasurer’s report.
a) Statement of the provisional budget for 2017.
b) 2017 School Fees.
9. Chair closing.

3. School Board Annual General Meeting Provisional Budget Report 2017
Report presented by the School Board Treasurer, Christopher Casale

4. This year’s budget has been prepared on the basis of
253 Pre Primary – Year 6
and
38 Kindergarten students

5. Overview of funds
90% of Income received from Government Funding and 7.5% from school fees.
The Initial Budget has to have a balanced Recurrent Component which ours does.
Provisions are required for 2018 January Salaries equating to $216,240.
Main expense for the school is salaries and on-costs of salaries which total approx. 75% of income received.

6. INCOME – Major Items
Gross Tuition Fee $ 228,000
Other Student Income $ ,500
Excursion and Camp $ 48,000
Other Recurrent Income $ 675,000
Compulsory Tuition Charges $ ,500
State Govt Grant $ 667,600
Commonwealth General Rec Grant $1,555,000
Other C’wealth Grants $ 430,800
Building Levy $ 44,600
Capital Receipts From The P&F $ 25,000
Building Grants/Low Interest Loan $3,878,700
Total Receipts $7,623,700

7. EXPENDITURE – Major Items
Salaries and on costs $2,500,000
Other recurrent expenditure $ 482,000
Maintenance and Grounds $ ,500
Co responsibility Building Fund $ ,185
New Fencing $ 100,000
New Furniture for Year 3 $ 25,000
Repayment Of Principal Loans $ 247,000
Building Stage 12 & $4,149,000
Total Payments $7,613,685
BUDGET (Surplus)$93,632

8. Fees for 2017
CECWA recommended a 2% to 4% fee increase and the Board has adopted a 3% fee increase.
The recommended levy of discount for siblings remains at 2nd child – 20% discount
3rd child – 40% discount
4th child – 100% discount
Building Levy is set at 20% of the first child’s Tuition Fee

10. Parents and Friends Wish List 2017
The School Board will be seeking the continued support of the Parents and Friends Association in the support of initiatives such as:
20 IPad and 21 Surface pros.
Literacy and Mathematical Resources.
Subject to building considerations purchase of additional play resources.
Purchase of academic extension materials.
To the value of $25,000 or their capacity to fund.

11. THE END