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Kettering & Wellingborough Liberal DemocratsWorking for you, all year round - not just at election time! |
Government "smash and grab" plan on Kettering schools slammed by Lib Dems
October 13, 2007 4:00 PM
The Government has proposed taking money from schools' reserves
Liberal Democrats in Kettering have warned that a proposal by the Government to take away cash reserves that local schools have built up will damage children's education.
The government have put out for consultation a proposal to siphon off 5% of the cash held in reserve in school budgets: a total of £225m across England as a whole. Many schools build up reserves to invest in new equipment or as cover for a rainy day.
Local campaigner Chris Nelson said, "Frankly, I am amazed the government can even think of doing this. Taking money from school budgets in this way is little more than a smash and grab on careful schools that have planned for the future. The effect could be felt by many school children across Northamptonshire."
"The government claims the money will be given back to councils to spend on education. My fear is that all they want to do is claim they are spending lots of new money on education when the reality is the government is spending the same money twice!"
"I have written to local head teachers to ask them what the impact on local school budgets would be. The money built up by schools should stay with schools, not raided by the government!"
ENDS
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