Finance - Just for Governors
What happens when a school faces a serious budget crisis? How should governors intervene to help solve the problem? And how can they prevent it from happening again? In this programme, our panel of governors debate the issues raised by hypothetical but realistic scenarios posed by a series of reconstructions. Questions regarding the competence of the finance committee and the high levels of staff sickness are discussed, as governor expert Paul McGann offers accurate advice and guidance. Paul is keen to emphasise the need for constant monitoring of a school's budget and reminds the panel that governing bodies have ultimate responsibility for financial management.
In our scenario, redundancies are inevitable. The governors discuss ways in which this process should be managed.