The implementation of the RAM has transformed how school funding supports the capacity of a school to respond to the learning needs of its students.
The funding delivers critical resourcing to schools that needs to be strategically invested so that students benefit in the year funding is delivered. The funding is a key enabler of School Excellence and must be effectively aligned to the initiatives in the school’s Strategic Improvement Plan (SIP). The SIP will identify school staffing and other resources that are needed to achieve maximum impact in achieving improved outcomes.
The funding each school receives should be expended in the calendar year in which it is received. The funds have been allocated for the current year’s cohort of students and are provided to support their learning and wellbeing needs. Funding contributions toward each SIP initiative must be reviewed regularly to ensure they are effective and achieving desired outcomes. Accountability for the effective use of the funds to improve student learning occurs through the school’s SIP and Annual Report.
The RAM funding methodology uses a base and loadings approach that is aligned with the needs-based funding identified in the 2011 Review of Funding for Schooling. It recognises individual student need by including funding for a range of factors consistent with the Gonski model.
School enrolments and the unique characteristics of students in each school provide the data that informs the needs-based funding that is provisioned to schools through the School Budget Allocation Report (SBAR).