Governors Cymru Services also has a guide on school finance which may be helpful. It includes information about the role of the finance committee, linking the budget with the School Development Plan, as well as questions that governors could ask when discussing and evaluating the school’s finances, plus additional reference material.
Applying for grants, receiving sponsorship and the role of the PTA in raising funds for specific purposes is clearly going to help and is very commendable. However, the level of funding raised would undoubtedly change from year to year so whilst incredibly useful, is not always sustainable.
Many schools work in clusters to share ideas and work collaboratively on specific areas. Cluster schools may even share staff, for example, a Business Manager. Has your governing body thought about anything like this?
When faced with a reduced budget, the governing body must look at areas in which they can save finances, hopefully without having to start the statutory redundancy process. However, many schools, sadly, have to face staff redundancy situations and will have a policy to follow for this. It is important though, to consider all other options before going down this route. Your Local Authority will also be able to advise on the processes to follow. There a wealth of useful information available. Here is an example.
This will always be a difficult time for everyone involved so has to be handled sensitively. The headteacher should keep staff up to date on what is happening throughout the process.
ACAS has produced guidance on redundancy procedures and fair procedures but the governing body must follow the steps within their own policy at the school.
Please seek advice from the Local Authority or Diocesan Authority as appropriate, right from the beginning or contact Governors Cymru Services on [email protected]