49Very small schools—starting amount

49 Very small schools—starting amount

Primary and secondary schools (1) A primary school or secondary school’s starting amount for a year is: (a) for a primary school for 2018—$11,515; and (b) for a secondary school for 2018—$23,030; and (c) for any other year: (i) the starting amount for the school for the year, as indexed under subsection (2); or (ii) if the regulations prescribe another amount as the starting amount for the school (whether generally or by reference to a class of schools) for the year—that other amount. (2) A primary school or secondary school’s starting amount for a year is indexed as follows: Start formula The school's starting amount for the previous year times SRS indexation factor for the year end formula Combined schools (4) A combined school’s starting amount for a year is worked out using the following formula: Start formula open bracket The starting amount for a primary school for the year times The school's primary percentage for the year close bracket plus open bracket The starting amount for a secondary school for the year times The school's secondary percentage for the year close bracket end formula