Resource Management

  RESOURCE MANAGEMENT POLICY

The Gorge Road School board of trustees is publicly accountable for the way it controls, monitors and spends school funds. It ensures that annual accounts are prepared and audited as required by law. 

The board of trustees complies with legislation on financial and property matters, and: 

• allocates funds to reflect the school's priorities as stated in the charter

• adopts an annual budget

• monitors and controls school expenditure delegating responsibility for effective management of the school finances to the principal, who may further delegate responsibilities and duties

• ensures that the school meets public sector expectations for management of conflicts of interest

• prepares and audits annual accounts 

• manages assets, including property, and implements a maintenance programme to ensure that the school's buildings and facilities provide a safe, healthy learning environment for students

• takes responsibility for protecting the school's resources, both physical and financial, through its theft and fraud prevention policy.

This policy meets the aims of National Administration Guideline 4.

Legislation

• Public Finance Act 1989

• Education Act 1989

Reviewed Term 1, 2023