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School Property Funding in New Zealand


No 2004/12, PEB Exchange, Programme on Educational Building from OECD Publishing

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.

Keywords: financing; maintenance; management; New Zealand (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-ure
Date: 2004-10-01
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Handle: RePEc:oec:eduaaa:2004/12-en