Public school students in the Riverstone Electorate will benefit from funding certainty delivered in their school budget allocations for next year.
Member for Riverstone Kevin Conolly said the allocations are part of $10.1 billion in annual funding being delivered to public schools for 2021. The distribution of funding through the Resource Allocation Model (RAM) ensures that the best possible learning opportunities are provided to directly benefit the 2021 student cohort.
Mr Conolly said the $14.8 million funding for the Riverstone Electorate delivers support where it is needed the most, to students and schools with the greatest need. This amounts to an increase of $1.28 million more than last year’s allocation.
“2021 will be the eighth year that the RAM has delivered funding certainty to schools to enable them to plan so that improvement will touch every classroom, be the work of every teacher and impact every student,” said Mr Conolly.
In addition to a number of needs-based funding items, the funding will be allocated predominately through the seven RAM loadings – the equity loadings (socio-economic, Aboriginal, low level adjustment for disability, English language proficiency) and the base loadings (location, per capita and professional learning).
“Needs-based funding underpins the great strength of public education – equity of opportunity, and will ensure schools in the Riverstone Electorate continue to flourish and deliver those opportunities,” said Mr Conolly.