2018 financial IES
INDIGENOUS STUDENT SUCCESS PROGRAMME – 2018 Financial Acquittal
The following tables have a dual purpose of itemising actual income and expenditure associated with the ISSP in 2018 as well as estimating other funds and expenditure supporting Aboriginal and Torres Strait Islander students at the university. ISSP supplements the support the institution should already be providing to Indigenous students and the third column below helps us recognise the commitments your institution is making to lift and sustain Aboriginal and Torres Strait Islander student outcomes.
1. Income (excluding GST)
| Item | Actual ISSP ($) | Estimate other funds ($) | TOTAL ($) |
|---|---|---|---|
| ISSP Grant 2018 | $2,148,509 | $2,148,509 | |
| Rollover of funds from previous years | $108,725 | $94,614 | $203,339 |
| Endowment Grant | $12,890 | $12,890 | |
| Interest earned/ royalties | $8,534 | $8,534 | |
| Sale of assets | |||
| Sales & fees | $35,306 | $17,640 | $52,946 |
| HEPP Grant | $627,888 | $627,888 | |
| University Funds (includes Teaching Load) | $331,988 | $331,988 | |
| Research Royalties and Other | $985,552 | $985,552 | |
| A. Total Income 2017 | $2,313,964 | $2,057,682 | $4,371,646 |
2. Expenditure (excluding GST)
| Item | Actual ISSP ($) | Estimate other funds ($) | TOTAL ($) |
|---|---|---|---|
| Salaries | $1,561,991 | $1,037,178 | $2,599,169 |
| Administration | $32,219 | $26,516 | $58,735 |
| Travel – domestic | $19,971 | $49,432 | $69,403 |
| Travel – international | - | - | |
| ISSP Asset purchases | |||
| Other Asset Purchases | $25,850 | $25,850 | |
| Conference fees and related costs | $5,823 | $385 | $6,208 |
| Promotional Stock | $108,725 | $108,725 | |
| Advertising & Marketing | $27,727 | $22,751 | $76,657 |
| Minor Equipment & Maintenance | $13,119 | $16,253 | $29,372 |
| Student Activities & School Sponsorship’s | $14,490 | $29,745 | $50,478 |
| Staff Development | $28,149 | $502 | $28,651 |
| University Engagements | $26,602 | $85,858 | $112,460 |
| Scholarships & Prizes | $156,056 | $587,736 | $743,792 |
| Endowment Grant | $5,196 | $ | $5,196 |
| Teaching & Research | $5,906 | $4,027 | $9,933 |
| University Services & Support | $154,463 | $154,463 | |
| B. Total Expenditure 2017 | $2,177,358 | $1,985,308 | $4,162,666 |
| C. Unexpended funds PM&C agreed to rollover | $132,500 | ||
| D. Unexpended Funds to be returned to PM&C | $4,106 | ||
| E. TOTAL ISSP Funding use (B+C+D) | $2,313,964 |
Note: A-E must equal zero
Details of Carry Over Projects for 2019 Spend
| Project | Spend |
|---|---|
| Review Project: alternative admission pathways for Indigenous students | $55,000 |
| Installation of air-conditioning in the Oorala Indigenous Centre | $52,000 |
| Retention of Indigenous Student Records and review of processes. | $25,000 |
| Total | $132,500 |
3. Goods and Services Tax (GST) paid under ISSP - 1 January - 31 December 2018
- If GST is not paid to you, do not complete the table in this section
- If GST is paid to you, the amount of GST funding included in each payment is set out in a Recipient Created Tax Invoice (RCTI) issued to you at the time of the payment. State whether these amounts have been remitted to the Australian Taxation Office (ATO) or committed for payment to the ATO.
| 1. If applicable, GST received by you in 2018 as part of the Indigenous Student Success Programme funding under the Higher Education Support Act 2003. This amount is stated on your Recipient Created Tax Invoices (RCTIs). | $ NIL |
| 2. If applicable, GST remitted or committed for payment to the Australian Taxation Office (ATO) (in the remittance instalments shown below) | $ NIL |
Amount remitted: $ Date remitted: / / | Amount remitted: $ Date remitted: / / | Amount remitted: $ Date remitted: / / |
4. ISSP Assets summary
(only a requirement for assets over $5000- see clause 16 of guidelines)
| Asset Description/ category | Adjustable Value | ISSP contribution |
|---|---|---|
4a. ISSP Asset - acquisitions and disposals summary
| Asset Description/ category | Acquisitions Purchase Value | Disposals/Sale Price | Disposals Average Age |
|---|---|---|---|
5. Financial Acquittal supported and initialled by:
Organisation: University of New England
Postal Address: Armidale NSW
Contact Person: Mr Kris Kauffmann Title: Chief Financial Officer
- Phone: 02 6773 2636
- E-mail: cfo@une.edu.au
- If the organisation is subject to audit by an Auditor-General of the Commonwealth or State or Territory government this authorisation should be signed by the Chief Financial Officer or an executive officer with primary responsibility for the organisation’s internal audit function.
- If the organisation is not normally subject to audit by an Auditor‑General, then the organisation’s auditor should sign this authorisation.Complete this certification after reading the completed 2019 Performance Report and 2019 Financial Acquittal for the Indigenous Student Success Programme.
Note:
Complete this certification after reading the completed 2019 Performance Report and 2019 Financial Acquittal for the Indigenous Student Success Programme.
I certify that: | |
(i) | the Institution has met the eligibility requirements of the Indigenous Student Success Programme as set out in guidelines and the Higher Education Support Act 2003; and |
(ii) | the 2019 Indigenous Student Success Programme Performance report presents an accurate summary of the Institution’s use of programme funds and of other activities undertaken by the Institution to improve Aboriginal and Torres Strait Islander student and staff outcomes; and |
(iii) | the 2019 Indigenous Student Success Programme financial acquittal represents a complete, true and correct summary of transactions that took place during 2019 under the Indigenous Student Success Programme; and |
(iv) | Indigenous Student Success Programme Funds and any interest earned or royalties/income derived from these Funds was expended on activities consistent with the Indigenous Student Success Programme guidelines and the Higher Education Support Act 2003. |
I understand that: | |
(i) | the Minister or the Minister’s delegate may seek further information to support this certification; and |
(ii) | in the event that I have not remitted GST paid under the Agreement to the Australian Taxation Office, that it is my obligation to remit those amounts, as required under the A New Tax System (Goods and Services Tax) Act 1999; and |
(iii) | it is an offence under the Criminal Code Act 1995 to provide false or misleading information. |
Certification recommended by university’s Indigenous Governance Mechanism:
Signed: Mr Guido Posthausen (signed document is available in TRIM)
Date: 23 May 2019
Certification made by Vice-Chancellor or equivalent delegate
Signed: Professor Annabelle Duncan (signed document is available in TRIM)
Date: 28 May 2019
