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The Funding Rate Update screen allows you to add or modify funding rates for specific effective dates. The funding rate tables are updated by Infocare when new funding rates are published.
If you wish to discard your entry and return to the previous screen, click Cancel at the top right hand corner of the screen.
Enter the appropriate values in each of the fields within the funding table. When you have completed your entry of data, click the "Update" button to save the data and return to the previous screen.
Please note that if you modify any existing fields for an effective date where funding has already been calculated and the RS7 submitted, reports and calculations already produced for that period will not be updated. You will, however, receive correct funding from the Ministry of Education regardless of the figures entered here. The Ministry of Education calculate funding based on hours submitted in the RS7 only. Figures entered on this screen are used within Infocare for funding reports, not for submission of funding claims to the Ministry of Education.
Effective Date
This is the date the new funding rates become effective. It is advisable to enter these new rates as soon notification has been received from the Ministry of Education. Rates can be entered in advance.
Protected
Enter the amount which the Ministry of Education has stipulated if this type of funding is relevant to your centre.
0-24%
Enter the amount which the Ministry of Education has stipulated for the 0-24% band of ECE Registered Teachers.
25-49%
Enter the amount which the Ministry of Education has stipulated for the 25-49% band of ECE Registered Teachers.
50-79%
Enter the amount which the Ministry of Education has stipulated for the 50-79% band of ECE Registered Teachers.
80-99%
Enter the amount which the Ministry of Education has stipulated for the 80-99% band of ECE Registered Teachers.
100%
Enter the amount which the Ministry of Education has stipulated for the 100% band of ECE Registered Teachers.
Opt In for
Within each applicable funding rate table, select the radio button for the pay parity band the Service is attesting to paying certificated teachers.
For further information or assistance call
0508 INFOCARE (0508 463622) or email help@infocaresolutions.co.nz
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