Language:
English
Pages:
4 p.
,
21 x 29.7cm
Series Statement:
PEB Exchange, Programme on Educational Building no.2004/12
Parallel Title:
Parallelausg. Le financement des actifs des établissements d'enseignement en Nouvelle-Zélande
Keywords:
Education
;
New Zealand
Abstract:
New Zealand’s special funding system allows state schools a greater level of independence in managing their property compared to most other countries. Schools receive a fixed budget as an entitlement from the three “pots” of the educational property funding structure. The government’s unique use of accrual accounting together with a new Five-Year Property Plan agreement gives schools a high degree of certainty of the property funding available, as well as responsibility for deciding how to modernise their own buildings.
DOI:
10.1787/606406460144
