[1] After Part 3
insert
Part 4 Changes to amounts and costs
4.1 Changes to Average Government School Recurrent Costs
For subsection 121 (1) of the Act, each amount mentioned in Schedule 1 of the Act for a program year and a type of education is replaced by the amount mentioned in the table for that type of education and program year.
Item |
Type of education |
2005 program
year |
2006 program
year |
2007 program
year |
2008 program
year |
1 |
Primary |
6,787 |
6,787 |
6,787 |
6,787 |
2 |
Secondary |
8,994 |
8,994 |
8,994 |
8,994 |
Note 1 Section 121 of the Act provides for changes to Average Government School Recurrent Costs mentioned in Schedule 1 of the Act.
Note 2 In accordance with sections 122 and 123 of the Act, each amount mentioned in Schedules 2, 3 and 4 of the Act is replaced by an amount worked out using the corresponding amount mentioned in this regulation.
4.2 Changes to recurrent grants -- general
For paragraph (b) of the definition of recurrent number for the program year in section 124 of the Act, the number for the 2005 program year is 1.038.
Note Section 124 of the Act provides for an indexation process for cost supplementation for recurrent grants, based on the value of the recurrent number for the program year.
4.3 Changes to recurrent grants -- guarantee amounts
For subsection 125 (1) of the Act, the amounts mentioned in the table are specified for columns 3 and 5 of the table in Part 1 of Schedule 9 of the Act.
Item |
Program Year |
Column of Schedule 9 |
|
Column 3 |
Column 5 |
||
1 |
2005 |
7,233 |
3,118 |
2 |
2006 |
9,361 |
3,134 |
3 |
2007 |
9,815 |
3,433 |
4 |
2008 |
9,815 |
3,433 |
Note Section 125 of the Act provides for changes to the guarantee amounts for recurrent costs of grants for literacy, numeracy and special learning needs mentioned in Schedule 9 of the Act.
4.4 Changes to capital grants for government schools and non‑government schools
For paragraph (b) of the definition of capital number for the program year in section 126 of the Act, the number for the 2005 program year is 1.117.
Note Section 126 of the Act provides for indexation of capital grants for government schools and non‑government schools based on the value of the capital number for the program year.
4.5 Changes to other grants for non‑government rural student hostels
For subsection 127 (1) of the Act, each amount mentioned in the table in Schedule 6 of the Act is increased by a factor of 1.021, which is the factor by which the Wage Cost Index No. 1 has changed from the 2003‑2004 financial year to the 2004‑2005 financial year.
Note The Wage Cost Index No. 1 is the index determined in writing by the Finance Minister for subsection 127 (1) of the Act.