FARMS PROVISION TRUST
993. Hon DONNA FARAGHER to the Minister for Education and
I refer to the agricultural
education farms provision trust and the government's decision to take a
20 per cent dividend as part of its budget cuts announced in December 2017.
(1) Can the
minister confirm that the savings amount applied to the department's
budget was $110 000 in 2018–19 and will be capped at $220 000 from 2019–20
(2) If not, what
is the actual amount that will be withdrawn annually from the trust for 2018–19,
2019–20, 2020–21 and 2021–22?
I thank the honourable member for
some notice of the question.
has been no change since December 2017. From 2019, the Department of Education
will return an annual 20 per cent dividend from the funds remitted to the
agricultural education farms provision trust. The value of the 20 per cent
dividend will vary each year depending on the income generated by the farm
operations across the five Western Australian colleges of agriculture and the
Esperance Senior High School farm training centre. The dividend applies from
the 2019 calendar year. An initial dividend of $110 000 had been applied for
the 2018–19 financial year.