One of four reports commissioned by the Review of Funding for Schooling, this focuses on the feasibility of a schooling resource standard (SRS).
The concept of a SRS has particular relevance as, across many areas of human service delivery, governments have sought to distinguish their role as 'purchasers' of services, from their role as a 'provider' of services.As part of achieving this distinction, governments have sought to fund services by setting a price based on an assessment of a reasonable cost to deliver the service, based in turn on defined standards and outcomes.
To implement this principle, governments have developed funding models that seek to increase efficiency (in terms of costs) and effectiveness (by clearly defining expected outputs and outcomes). A resource standard has a number of benefits and potential applications:
it can link funding to outcomes and improve accountability by providers for the outcomes they achieve;
funding levels can be adjusted to meet differing needs of individuals and communities;
it is a transparent means of allocating funding between service providers; and
it can be used for public reporting so that organisations can improve their performance and users of services can make informed choices.