School Says Budget Shortfall Will Not Mean Redundancies

school 2 2014The Chairman of the Five Islands School Board of Governors says he’s been assured that a £50,000 annual budget shortfall at the school can be managed without cutting staff.

Ben Julian told Radio Scilly that Head Teacher Linda Todd brought forward a balanced budget plan to the Governors earlier this year and she’s been given clear objectives to reach.

Ben said that he’s not aware of the need for any redundancies as part of that plan.

The finances will be addressed through natural wastage, by not replacing all vacant staff positions.

Ben says he’s confident that by the end of the year, they won’t have to take any more money from the reserves.

Linda says no school is ever satisfied with their budget, but at the end of last year they realised there was a large overspend. Luckily they had contingencies to absorb it, but she said the school “cannot continue to spend in that way.”

She’s looked carefully at how they can “draw in the purse strings” this year and ensure they provide the best value.

The Council’s accounts show the school’s reserves fell from £504,000 in 2012 to £163,000 at the end of the last financial year.

A restructuring plan put in place by former Head Teacher Bryce Wilby, which included the regrading of some middle management staff, was scrapped shortly after he resigned in 2012.

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