Management and Reporting
As one of the largest and oldest Australian public schools, the Council is mindful of a wide range of stakeholders who are interested in the performance and activities of the College.
Council requires College compliance with all government laws and regulatory requirements, including those associated with Federal and State Government funding obligations.
As the College is an institution established by the Uniting Church, an audited annual financial report of Wesley College is prepared and provided to the Uniting Church. Presently this report is specific to the governance requirements of the Uniting Church and is not a public document.
The Council publishes the following reports to the Wesley community:
- Annual Report including a statutory report of federal government mandated information related to educational performance
- Triennial Strategic Review
Council is aware that private school education is a major financial burden for many parents and that parents need to be confident that monies received by the school are well spent on their children’s education. In its annual fee setting process, Council takes into account the school’s competitive position with other private schools and strikes fees which compare favourably to these schools. On a range of indicators, both financial and educational, the Council also benchmarks the College against other schools.
An annual budget is drafted by the Executive Management Team and is subject to review by Finance and Risk Management committee prior to its annual adoption by Council. The Council aims for the College to provide a highly regarded and diverse education program at a small surplus each year. When a surplus arises it will be retained for the benefit of the school (including financing those times when the College incurs a deficit in a year).
Consistent with the practice of all major public schools, Wesley does not provide detailed operational financial information. However, the Principal or the Business Director & Chief Financial Officer may respond to bona fide requests for financial information provided that information does not negatively impact the commercial position of the College.
The School regularly provides reporting of activities via:
- Weekly newsletters
- Principal’s Term Letter
- Website information
- Chronicle and Lion publications
Prospective parents are welcome to contact the school to receive recent editions of these, and other documents related to the College and its programs.