Funding rates#

There are 2 funding rates for parent/whānau-led ECE services:

• Standard rate – this is the funding rate applicable for licensed parent/whānau-led ECE services. These services must meet the requirements of the Education (Early Childhood Services) Regulations 2008.
• Quality rate – a higher funding rate is available to services that meet requirements additional to those specified in the Education (Early Childhood Services) Regulations 2008.

Education (Early Childhood Services) Regulations 2008 – New Zealand Legislation

For more information on the Regulations see:

New Zealand Legislation

For more information on the quality rate, services should refer to Section 3-C-2.

Section 3-C-2

The funding rate table#

The Funding Rate Table shows the funding rates for each type of service. A copy of the table is included with this Handbook (Appendix 1).

Appendix 1

The Funding Rate Table will be updated with any change in funding rates.

Mixed provision#

Services can be licensed to provide both teacher-led and parent-led education and care during any week, but only one kind of provision on each day.

The funding rules for parent-led days are explained in this chapter. The funding rules for teacher-led days are explained in Section 3-B.

Section 3-B

For more information about mixed provision contact the Education Review Office (ERO).

ERO

Record keeping#

All parent/whānau-led services must meet the record keeping requirements set out in Section 11-1.

Section 11-1

Parent/whānau-led services that receive quality level funding must meet the record keeping requirements described in Section 3-C-2.

Section 3-C-2

More record keeping information#

If you would like more information about record keeping and financial reporting requirements, check:

An overview of the record keeping requirements for all services: Section 11-1

Information on funding claim audits and record keeping audits: Section 11-2

Information or instructions for financial reporting: Chapter 12