Majority of Newtown schools forecasting deficit budgets by 2024
Half of all schools in Newtown are forecasting a deficit budget by 2024/2025.
2 years ago Less than a minute read 1,438 views
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.
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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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