Bulk funding was introduced on a voluntary basis in the 1990s and schools that opted in were given money linked to their allocation of teachers.
They could then spend the money as they wished. It caused widespread protest and was ditched in 2000.
The proposal would include cash instalments for school expenses and a credit system for salaries. Principals would determine the split between cash and credit, and have the flexibility to make adjustments during the year.
The two meetings next week will be at Rodney College on Monday from 1.30pm and Whangarei at ASB Stadium on Friday from 1.30pm. A meeting was held in Kaitaia last Wednesday.
Mr Newman wanted to remind people that the meetings are not strike action but said teachers and principals were concerned about the proposed funding.
"The concerns I have is that at the moment I am required to appoint the best person to the job, which is in the best interests of parents too. Under this, I will have to appoint the best person I can afford," he said.