Protecting Our Children's Education Update: Budget and Funding Overview
The update covers the final budget position for the year, progress with Governor Fund contributions, and the importance of voluntary contributions in safeguarding children's education. It details the funding sources, including government funds, maintenance fund, and school association fundraising. The school's budget allocation and reasons for the improved financial position are also discussed, highlighting staff measures and higher per-pupil allocation.
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BP Financial Crisis Protecting our children s education UPDATE
Purpose of todays session Purpose of today s session To update you on our final budget position for this year To update you on where we are at this stage of the year with Governor Fund voluntary contributions To ask you for help .. PROTECTINGOURCHILDREN'SEDUCATION
Reminder: How are we funded? Reminder: How are we funded? The vast majority of school funding comes from the Government. We also utilise 2 other pots of money to fund our School: GOVERNOR MAINTENANCE FUND FUNDING FROM GOVERNMENT (including Sport and Pupil Premium) SCHOOL ASSOCIATION FUNDRAISING Funds raised by parents, carers, family and friends with support of staff Provides enrichment i.e. pantomime and school trips subsidies and specific extras i.e. C-touch Boards in all classrooms, contribution to fencing PROTECTINGOURCHILDREN'SEDUCATION Voluntarily contributed by parents and carers Allows us to access funding from the Diocese for the maintenance and upkeep of the building, and building improvements e.g.: new Reception Classroom and Junior Toilets Covers staff wages, school resources, special educational provision, and everything in between
School budget allocation for BP School budget allocation for BP We explained at the sessions in January that our financial position was unprecedented for Bishop Perrin; we had, until last year, always operated with a healthy contingency, closely managed by the school and the Governors We explained that we were yet to receive the budget allocation figures for year 2018/2019 but that we expected to be 20K in deficit with NO RESERVE. We now have slightly better news: We are currently looking at a 31k contingency. So no need to submit a negative budget as we anticipated. PROTECTINGOURCHILDREN'SEDUCATION
Why are we in a slightly better position in Why are we in a slightly better position in 2018/2019? 2018/2019? Some of the staffing measures we had taken in the previous year to off set our deficit have now taken hold, although this means we are operating with a skeleton staff, and have been reliant on the good will of our parents to assist with supervising (swimming and Junior PE at St Edmund s in the Summer Term) Our allocation per pupil is slightly higher this year as the Government responded to the public campaigns around school budget cuts and redundancies The Local Authority have not top-sliced any money from schools this year to plug their SEN deficit. We will have further staffing changes from September which have had a positive impact on our staffing costs PROTECTINGOURCHILDREN'SEDUCATION
cont cont Mr. Corke has been providing regular teaching to save the cost of buying in supply teachers A senior member of staff will be taking on an increased teaching timetable in the Autumn Term We are now charging our extra curricular club providers more, bringing our charging policy inline with lots of other local schools We are making the best use of pots like Sports Premium fund, which we are now using for all sports/club related expenses We have received some donations from exceptionally generous families PROTECTINGOURCHILDREN'SEDUCATION
Responding to your ideas and thoughts from the January meetings Responding to your ideas and thoughts from the January meetings We wrote to you to update you on what we ve been doing in response to the thoughts you shared at the January meeting. By way of further update: A standing order has been created for parents to complete and return to the school. The school has successfully applied for two grants this year which are being used to help develop the school grounds. The school is able to set up a Make a Donation page via the online School Shop facility. Parents have started to write that the school can keep the change when making cash payments for trips, which we are very grateful for. Hosting our own After School Club for childcare purposes would have lots of ramifications. It would mean the Hall could not be used for any extra-curricular clubs and would impact on the ability of the School Association to host discos and film nights. Renting the Hall for private functions is an option that is still being explored. The issues to consider would be; staffing, insurance, security of the whole school site, developing policies to ensure all issues around lettings are covered. PROTECTINGOURCHILDREN'SEDUCATION
So what now? So what now? Voluntary contributions to the Governor fund will not, on current figures, cover our LDBS maintenance costs for this year. If we do not pay into the LDBS maintenance fund, we will not be able to access any funds from the Diocese. This is important as the Diocese have agreed to providing some funding to refurbish the Infant toilets, based on previous contributions to the maintenance fund We will therefore have to make up any shortfall this year using some of our 31k school budget contingency. PROTECTINGOURCHILDREN'SEDUCATION
What are we now asking parents for? What are we now asking parents for? If you can, and haven t already, make your voluntary contribution to the the Governor Maintenance fund Contribution Maintenance ( 40/ 34 p.a.) 70% 5,600 100% 8,000 Figures rounded, per year 70% = proportion of parent currently contributing Excludes Gift Aid PROTECTINGOURCHILDREN'SEDUCATION
What are we now asking parents for? What are we now asking parents for? We are also asking if you are able to top up your contributions so that we can make greater use of the Governor Fund for maintaining our building, rather than using our School budget. For example, we are looking to enhance the security of the school site by looking at the feasibility of CCTV where needed, a buzzer entry system, and an enhanced alert system. We have allocated 5k from the school budget to pay for this work. However, if we are able to raise even some of this through additional parental contributions, then this allocation could be re- directed to provide additional support in class. PROTECTINGOURCHILDREN'SEDUCATION
What are we suggesting? What are we suggesting? Maintenance Fund payment + 5 per child per month, 3 for each sibling What s that mean for you? Contribution Maintenance 1 child p.m. 2 children p.m. 1 child p.term 2 children p.term 3.33 6.16 13.33 24.66 + Donation 8.33 14.16 ( 74+ 96 p.a.) 33.33 ( 40+ 60 p.a.) 56.66 ( 74+ 96 p.a.) ( 40+ 60 p.a.) PROTECTINGOURCHILDREN'SEDUCATION
What does it mean for BP? What does it mean for BP? Contribution Maintenance ( 40/ 34 p.a.) 70% 5,600 100% 8,000 Additional contribution ( 5/ 3 p.m.) 7,900 11,200 Totals 13,500 19,200 Figures rounded, per year 70% = proportion of parent currently contributing Excludes Gift Aid PROTECTINGOURCHILDREN'SEDUCATION
