County Durham school budgets millions of pounds in the redpublished at 14:25 British Summer Time 20 June 2018
Local Democracy Reporting Service
Schools in County Durham were short more than £5m from their budgets by the end of the last financial year.
According to figures from Durham County Council, 20 of the county’s maintained schools had a combined deficit £5.633m as of March 31.
However, the council also expects 15 of these schools to be back in the black by April next year.
The schools budgets deficit had grown by about a third from March 31 last year, up by £1.462 million and with an additional four schools dragged into the red.
One example is Wellfield Community School, in Wingate, who set a balanced budget for this year, leaving it with a deficit of £3.393m. According to a report prepared for cabinet this will shrink to £2.66m by the end of 2020/21.
Quote MessageWe have a number of schools that have significant budget issues. It’s important we identify budget issues as soon as possible, it’s in no one’s interests for schools to continue setting deficit budgets.”
Councillor Alan Napier, Deputy leader of Durham County Council