KU Annual Report 2016 | Page 7

welcome injection of new Start Strong Funding resulting in reduced fees in 2017. The Victorian Government announced Early Years Management will replace the existing Kindergarten Cluster Management model, prompting a review of the management services KU offers to preschools in that State. At the Commonwealth level, KU worked with the broader sector to advocate for the finalisation of the $3.1b Jobs for Families Package and KU continued to be a member of the Ministerial Advisory Group. Reviews of lease and management agreements by landlords and partners at times provide opportunities for KU, however sadly in 2016 this led to the closure of KU Macquarie Park Children’s Centre, KU East Killara Preschool and Emerald Hill Child Care Centre. Pleasingly, our collective efforts delivered an operational surplus of $5.6m. This surplus will enable us to implement our bold objectives in our Strategic Plan 2017-2019 Creating, Thinking and Doing for Today and Tomorrow, and our Innovate Reconciliation Action Plan. We will increase our investment in and engagement with our people; increase our social investment to benefit vulnerable and disadvantaged children; implement our new initiatives; and increase our involvement in evidence based research. Together, these two documents and our financial performance set us on a solid roadmap that will take us into the future as a strong and agile organisation committed to the provision of inclusive quality early education programs for children and families. NURTURING THE FUTURE In 2016 we supported future leaders in education through excellence awards at: Charles Sturt University Macquarie University University of Canberra University of Newcastle University of Notre Dame Western Sydney University TAFE NSW Find out more at ku.com.au. Thank you to our Board and all our teams who contributed to making the KU difference a reality for children in 2016. Christine Legg Chief Executive Officer MAKING THE KU DIFFERENCE Individual excellence and joint endeavour are the basis for KU’s approach to quality. In 2016 we recognised: Kristin Sheldon, KU Mayfield Preschool for making the KU Difference for children Fiona Eadie, KU Cheltenham Memorial Preschool for making the KU Difference for families KU Gwynneville Preschool Staff for making the KU Difference for communities KU’s IT&T Team for making the KU Difference for staff KU Ourimbah Preschool and Children’s Centre Staff for making the KU Difference through quality Charlotte Paterson, KU Carillon Avenue Children’s Centre for making the KU Difference through sustainability Lisa Maybury, NSW/ACT Inclusion Agency for making the KU Difference through innovation Gisella Wilson, KU Manager, Aboriginal and Torres Strait Islander Programs The KU Marcia Burgess Award Read their stories at ku.com.au Debbie Creake, KU Rydalmere Preschool for making the KU Difference by representing KU KU Lance Preschool and Children’s Centre Staff for making the KU Difference through reconciliation 5