Majority of Newtown schools forecasting deficit budgets by 2024
6 months ago
Half of all schools in Newtown are forecasting a deficit budget by 2024/2025.
A report due to be considered by the Council's Cabinet on 26th July 2022, has revealed that 3 out of the 6 schools in Newtown are forecasting to be in a deficit budget by the 2024-2025 financial year.
The worst of these is Newtown High School, estimated to be in a deficit of £173,114 by 2024-2025 with Maesyrhandir and Treowen contributing to an overall deficit of all Newtown schools by 2024-2025 of just under half a million pounds - £499,509.
The full carry forward balances for each school are displayed below:
|School||Carry Forward 2022-2023||Carry Forward 2023-2024||Carry Forward 2024-2025|
|Maesyrhandir C.P. School||£17,722||-£61,469||-£171,223|
|Penygloddfa C.P. School||£109,283||£142,149||£269,054|
|St Mary's RC School||£130,052||£120,636||£67,179|
|Treowen C.P. School||-£6,890||-£79,063||-£105,172|
|Ysgol Calon y Dderwen||£148,295||£93,824||£63,975|
|Newtown High School||£734,790||£355,835||-£173,114|
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