The purpose of the Finance and Audit Advisory Committee (FAAC) is to:
During 2022 the CEO’s Corporate Finance Team:
The CEO Policy and Funding Team works in collaboration with the respective Commonwealth and State government departments, regulatory authorities and CESA schools on funding, registration and compliance obligations.
Overseeing recurrent funding remains at the forefront of the Policy and Funding team’s responsibilities. This involves contributing to and evaluating recurrent funding reviews undertaken by the National School Resourcing Board (NSRB), managing all aspects of Commonwealth and State government recurrent funding arrangements in conjunction with CESA’s needs-based funding model for new and existing schools.
Key activities during 2022 included: