10.5 RETURN ON INVESTMENT Yuille Park Community College opened in June 2008 and therefore has a greater potential for availability of data than many other sites. The secondary school years, however, have a small representative cohort. The focus of the ROI analysis for Yuille Park was on outcomes from Prep to year 8. The counterfactuals for Yuille Park are Whittington Primary school and Deer Park North Primary School. 10.5.1 INVESTMENT Yuille Park represents a gross capital investment cost of $12 million. DEECD advises the net capital investment was $0.9 million, taking account of capital and maintenance expenditure which would have been required in the absence of the construction of new facilities. This figure excludes any sale or opportunity value of Grevillea Park PS. Yuille Park also receives direct and in-kind support from the community, Council and not-for-profits. 10.5.2 BENEFITS The evaluation framework identified a of benefits that might occur across the learning community (P to 8) as a result of colocation and integrated services and that might also be quantified. The potential benefits identified for inclusion in the ROI for Yuille Park, and the required data for quantification, are included in Table 30. 33 POTENTIAL ECONOMIC BENEFITS, YUILLE PARK – For each of the above categories, either data has not been collected at a level sufficient to allow quantification of actual benefits, or the data that is available does not demonstrate improved outcomes. Opportunities for employment in the region, together with longstanding experiences, means that improved employment outcomes for parents and children, as result of opportunities provided by the collocated and integrated services provided, will likely take many years to bear fruit.
10.5 RETURN ON INVESTMENT Yuille Park Community College opened in June 2008 and therefore has a greater potential for availability of data than many other sites. The secondary school years, however, have a small representative cohort. The focus of the ROI analysis for Yuille Park was on outcomes from Prep to year 8. The counterfactuals for Yuille Park are Whittington Primary school and Deer Park North Primary School. 10.5.1 INVESTMENT Yuille Park represents a gross capital investment cost of $12 million. DEECD advises the net capital investment was $0.9 million, taking account of capital and maintenance expenditure which would have been required in the absence of the construction of new facilities. This figure excludes any sale or opportunity value of Grevillea Park PS. Yuille Park also receives direct and in-kind support from the community, Council and not-for-profits. 10.5.2 BENEFITS The evaluation framework identified a of benefits that might occur across the learning community (P to 8) as a result of colocation and integrated services and that might also be quantified. The potential benefits identified for inclusion in the ROI for Yuille Park, and the required data for quantification, are included in Table 30. 33 – POTENTIAL ECONOMIC BENEFITS, YUILLE PARK For each of the above categories, either data has not been collected at a level sufficient to allow quantification of actual benefits, or the data that is available does not demonstrate improved outcomes. Opportunities for employment in the region, together with longstanding experiences, means that improved employment outcomes for parents and children, as result of opportunities provided by the collocated and integrated services provided, will likely take many years to bear fruit.