Results of 2018 Audits: Technical and Further Education Institutes

Tabled: 30 May 2019

Appendix D. Mandatory performance indicators

Figures D1 shows the performance statement indicators, description and methodology, while Figures D2–D13 show each TAFE institute's reported performance against the four indicators for 2016 to 2018.

Figure D1
Performance statement indicators and formula

Indicator

Description and methodology

Training revenue diversity

Breakdown of training revenue by:

  • government-funded
  • fee-for-service
  • student fees and charges

Employment costs as a proportion of training revenue

(Employment costs – Workforce reduction expenses + third party training delivery costs)/Training revenue

Training revenue per teaching full-time equivalent

Training revenue (excluding revenue delivered by third parties) per teaching full-time equivalent

Operating margin percentage

Earnings before interest and taxes (excluding capital contributions)/Total revenue (excluding capital contributions)

Source: VAGO.

 

Figure D2
Bendigo Kangan Institute

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

44.9%

44.3%

50.3%

47.7%

49.9%

50.3%

Fee for service

41.7%

46.4%

31.3%

39.7%

34.8%

41.0%

Student fees and charges

13.4%

9.3%

18.4%

12.6%

15.4%

8.7%

Employment costs as a proportion of training revenue

72.7%

84.1%

71.9%

75.4%

83.1%

81.2%

Training revenue per teaching full-time equivalent

$ 277 108

$ 244 153

$ 265 808

$ 278 015

$ 242 826

$ 238 521

Operating margins percentage

8.2%

-3.4%

-19.8%

0.8%

0.3%

-17.6%

Source: VAGO.

 

Figure D3
Box Hill Institute

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

35.0%

33.5%

35.0%

35.0%

37.0%

32.5%

Fee for service

44.0%

44.0%

65.0%

65.0%

63.0%

67.5%

Student fees and charges

21.0%

22.5%

Employment costs as a proportion of training revenue

89.0%

85.5%

83.0%

89.9%

82.0%

107.0%

Training revenue per teaching full-time equivalent

$ 200 000

$ 198 100

$ 217 000

$ 199 000

$ 156 500

$ 156 300

Operating margins percentage

>0%

1.1%

1.0%

0.7%

-8.2%

-8.8%

Note: – = target not published by TAFE.
Source: VAGO.

 

Figure D4
Chisholm Institute

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

56.0%

51.6%

54.0%

59.1%

50.1%

54.7%

Fee for service

25.3%

30.0%

27.0%

22.1%

32.1%

25.7%

Student fees and charges

18.7%

18.4%

19.0%

18.7%

17.8%

19.6%

Employment costs as a proportion of training revenue

73.0%

72.1%

70.0%

65.6%

65.0%

69.8%

Training revenue per teaching full-time equivalent

$ 206 000

$ 226 639

$ 200 000

$ 213 150

$ 200 000

$ 192 752

Operating margins percentage

-1.7%

-1.8%

>0%

7.9%

0.0%

1.0%

Source: VAGO.

 

Figure D5
Federation Training

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

58.0%

59.0%

53.0%

60.0%

56.0%

54.0%

Fee for service

22.0%

23.0%

29.0%

23.0%

15.0%

28.0%

Student fees and charges

20.0%

18.0%

18.0%

17.0%

Employment costs as a proportion of training revenue

94.0%

100.0%

108.0%

86.6%

77.3%

107.9%

Training revenue per teaching full-time equivalent

$ 203 000

$ 179 628

$ 154 688

$ 238 602

$ 240 139

$ 188 567

Operating margins percentage

-40.0%

2.0%

-55.6%

6.0%

0.6%

1.7%

Note: – = target not published by TAFE
Source: VAGO.

 

Figure D6
Gordon Institute of TAFE

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

73.7%

74.1%

71.8%

75.9%

69.1%

69.2%

Fee for service

11.9%

12.1%

11.9%

10.9%

15.4%

13.6%

Student fees and charges

14.4%

13.8%

16.2%

13.2%

15.4%

17.2%

Employment costs as a proportion of training revenue

107.0%

107.1%

101.9%

104.6%

97.0%

125.0%

Training revenue per teaching full-time equivalent

$ 141 963

$ 140 177

$ 145 820

$ 141 714

$ 147 905

$ 123 009

Operating margins percentage

-20.2%

-5.0%

-4.4%

-4.5%

-31.8%

-4.9%

Source: VAGO.

 

Figure D7
Goulburn Ovens Institute of TAFE

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

62.4%

58.9%

56.7%

57.3%

70.6%

58.1%

Fee for service

21.7%

20.9%

43.3%

42.7%

29.4%

41.9%

Student fees and charges

15.9%

20.2%

Employment costs as a proportion of training revenue

117.4%

134.6%

106.4%

110.5%

108.7%

109.8%

Training revenue per teaching full-time equivalent

$ 136 475

$ 103 394

$ 140 416

$ 111 196

$ 151 568

$ 127 815

Operating margins percentage

-21.0%

0.2%

-22.5%

3.2%

-39.8%

3.6%

Note: – = target not published by TAFE
Source: VAGO.

 

Figure D8
Holmesglen Institute

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

41.2%

38.4%

40.0%

40.2%

32.0%

36.6%

Fee for service

42.6%

46.3%

60.0%

59.8%

68.0%

63.4%

Student fees and charges

16.2%

15.3%

Employment costs as a proportion of training revenue

80.0%

81.0%

<80%

76.7%

74.0%

76.4%

Training revenue per teaching full-time equivalent

>$203 000

$ 194 824

>$190 000

$ 198 385

$ 213 034

$ 195 111

Operating margins percentage

>0%

3.5%

>2%

5.5%

0.3%

3.6%

Note: – = target not published by TAFE
Source: VAGO.

 

Figure D9
Melbourne Polytechnic

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

30.0%

30.5%

31.0%

35.7%

40.2%

34.4%

Fee for service

56.0%

58.8%

69.0%

64.3%

59.8%

65.6%

Student fees and charges

14.0%

10.7%

Employment costs as a proportion of training revenue

95.0%

97.5%

95.8%

98.3%

88.4%

97.4%

Training revenue per teaching full-time equivalent

$ 200 000

$ 199 000

$ 212 533

$ 189 027

$ 153 492

$ 198 008

Operating margins percentage

-13.9%

1.5%

-9.0%

-7.5%

0.0%

-6.2%

Note: – = target not published by TAFE
Source: VAGO.

 

Figure D10
South West Institute of TAFE

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

71.0%

75.0%

68.2%

67.4%

65.3%

64.0%

Fee for service

7.0%

8.1%

31.8%

32.6%

34.7%

36.0%

Student fees and charges

22.0%

16.9%

Employment costs as a proportion of training revenue

117.0%

130.5%

110.4%

120.5%

96.4%

133.0%

Training revenue per teaching full-time equivalent

$ 135 000

$ 133 492

$ 145 547

$ 145 865

$ 164 003

$ 120 002

Operating margins percentage

0.0%

11.0%

-10.7%

0.2%

-25.4%

-1.1%

Note: – = target not published by TAFE
Source: VAGO.

 

Figure D11
Sunraysia Institute of TAFE

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

51.8%

56.7%

74.0%

71.0%

71.0%

74.0%

Fee for service

21.4%

18.7%

26.0%

29.0%

29.0%

26.0%

Student fees and charges

26.8%

24.6%

Employment costs as a proportion of training revenue

125.0%

144.1%

135.0%

133.0%

85.0%

138.0%

Training revenue per teaching full-time equivalent

$ 121 518

$ 116 126

$ 121 492

$ 114 101

$ 200 000

$ 117 517

Operating margins percentage

1.5%

15.0%

-84.0%

1.4%

0.0%

-51.0%

Note: – = target not published by TAFE
Source: VAGO.

 

Figure D12
William Angliss Institute of TAFE

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

21.5%

21.9%

39.0%

22.0%

22.0%

20.0%

Fee for service

61.2%

61.6%

61.0%

78.0%

78.0%

80.0%

Student fees and charges

17.3%

16.5%

Employment costs as a proportion of training revenue

<79%

81.5%

<74%

77.6%

65.0%

73.1%

Training revenue per teaching full-time equivalent

$ 231 500

$ 206 858

$ 244 000

$ 217 000

$ 220 000

$ 223 740

Operating margins percentage

-5.1%

0.9%

n/a

1.5%

n/a

9.3%

Note: – = target not published by TAFE
Note: n/a = target not set by TAFE
Source: VAGO.

 

Figure D13
Wodonga Institute of TAFE

Performance indicator

2018

2017

2016

Target

Actual

Target

Actual

Target

Actual

Training revenue diversity:

Victorian Training Guarantee

51.8%

37.4%

49.2%

52.9%

52.0%

50.0%

Fee for service

37.5%

56.2%

50.8%

47.1%

48.0%

50.0%

Student fees and charges

10.7%

6.4%

Employment costs as a proportion of training revenue

95.0%

85.2%

86.3%

91.0%

86.9%

97.7%

Training revenue per teaching full-time equivalent

$ 141 855

$ 156 597

$ 197 483

$ 159 538

$ 165 178

$ 171 123

Operating margins percentage

-9.0%

8.1%

1.8%

1.4%

-11.8%

-0.1%

Note: – = target not published by TAFE
Source: VAGO.

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