Umalusi’s budget review presentation to the Portfolio Committee on Basic Education

1. Umalusi’s budget review presentation to the Portfolio Committee on Basic Education 22 March 2011 Cape Town

2. Umalusi mandate • Vision, mission, goals and KRA’s • 2010/11 Revenue & Expenditure (Current) • 2011/12 Budget (Forecast) • Three Year Budget Forecast • Conclusion • Overview

3. As a new Quality Council to develop and manage a sub-framework of qualifications for general and further education and training framework; • To develop and quality assure qualifications and curriculum; • To quality assure assessments at exit points; • To certificate learner achievements; • To quality assure provision and accredit private providers of education and training, and assessment; • To conduct research related to the sub-framework; and • To advise the Minister • Umalusi Mandate 2010/11

4. Umalusi Council is the cornerstone on which the country’s educational aspirations and standards are anchored and built; and as such the Council and staff are committed to ongoing improvement in standards and quality in general and further education and training. In order to issue learners with credible certificates, Umalusi, through its leadership and expert knowledge, develops and secures standards through: • quality assuring qualifications and curricula, • confirming that assessment is fair, valid and reliable, • quality assuring the provision of education and training, and assessment providers, and • grounding its work in research to ensure informed positions and approaches • Vision & Mission

5. Promote quality and internationally comparative standards in GFET • Maintain and improve educational standards through development and evaluation of qualifications and curriculum, quality assurance of assessment, and accreditation of providers of education, training and assessment, • Continuously develop in-depth knowledge and expertise in mandated areas through rigorous research, • Report on the quality of education and training in GFET within the mandate, • Issue appropriate and credible certificates of learner achievement in terms of specific qualifications on the GFET Framework of Qualifications, • Provide reliable and credible leadership and guidance in standard setting and quality assurance, • Ensure the financial efficiency and sustainability of the organisation, and • Determine expectations and appropriately respond to these within the parameters of Umalusi’s mandate. • Goals

6. Improving and maintaining the system for quality assuring assessment for certification • Establishing and implementing a system for evaluation and accreditation of providers • Establishing and maintaining a system to certify and quality assuring qualifications and curriculum • Research, diagnose and report on quality in general and further education and training supported by statistical analysis. • Developing and maintaining management support structures and governance • Ensuring that Information Technology systems are established, maintained and improved • Ensuring that finance, human resources and administrative support systems are maintained and improved • 7 Key Result Areas

7. Statement of Financial Performance as at 28 Feb 2011 • Net surplus of R 4,531,759 • 110% of Budgeted Revenue from operations recognised • 100% of the Grant from the Department of Basic Education received • 76% of the budgeted expenses incurred to date • EXECUTIVE SUMMARY ON FINANCES

8. Statement of Financial Position ,Cashflow, Debtors and Investments • Total Assets R 47,397,032 • 93% of invoiced debts collected to date • Cash available at the end of the period amounted to R688,018 • Investments R 26,392,075, attracting interest of 5.50% p.a Note: Management agreed to proceed with caution for the remaining month in order to increase the reserves to roll over into 2011/12 financial year due to the shortfall notbeing provided by the Department of Basic Education • EXECUTIVE SUMMARY ON FINANCES (2)

9. Comparative total expenditure to date vs 3 year average

10. 2010/11 Revenue Budget vs Actual (Current)

11. 2010/11 Expenditure Budget vs Actual (Current)

12. Statement of Financial Position as at 28 February 2011

13. 2011/12 Budget (Forecast) Quality Assurance of Assessments

14. 2011/12 Budget (Forecast) Evaluation and Accreditation

15. 2011/12 Budget (Forecast) Qualifications, Curriculum & Certification

16. 2011/12 Budget (Forecast) Statistical Information and Research

17. 2011/12 Budget (Forecast) Management Support Structures

18. 2011/12 Budget (Forecast) Corporate Services: Information Technology

19. 2011/12 Budget (Forecast) Corporate Services: Finance

20. 2011/12 Budget (Forecast)Corporate Services: Human Resource Management and Development

21. Total Income 2000/1 (actual) to 2013/14 (budget)

22. 3 Year Budget Forecast

23. The financial sustainability of the organisation through increased funding : • Move from certificate fee structure to a QA levy, and/or • Increase baseline allocation of the grant • Umalusi mandate contestations • Reputational risk as addressed through media • Challenges

24. Thanks to the Portfolio Committee Chairperson Ms H Malgas and Honorable members for this opportunity to present Umalusi’s budget review. Your support is highly appreciated. • THANK YOU