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PEB Exchange, Programme on Educational Building

Programme on Educational Building

Articles from the OECD Programme on Educational Building’s PEB Exchange. Articles cover examples of innovative new educational building projects, new technologies, trends in educational architecture, and related management and policy issues.

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School Property Funding in New Zealand

Programme on Educational Building

New Zealand’s special funding system allows state schools a greater level of independence in managing their property compared to most other countries. Schools receive a fixed budget as an entitlement from the three “pots” of the educational property funding structure. The government’s unique use of accrual accounting together with a new Five-Year Property Plan agreement gives schools a high degree of certainty of the property funding available, as well as responsibility for deciding how to modernise their own buildings.

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Keywords: financing, New Zealand, maintenance, management
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