Marsden Heights Finance Committee Meeting – 23rd April

The Governors’ Finance Committee at Marsden Heights Community College met on Thursday 23rd April to review the college’s finances.

The budget is very tight indeed at present, and all possible cost savings are being undertaken to keep the college’s financial situation on an even keel.  An area of continuing concern is the cost of operating two very elderly sets of buildings (both now over 70 years old) and keeping them up to an acceptable standard, as the move into the new college building won’t happen until 2010.  I must continue to praise the very cautious and prudent approach being taken to financial management by the college’s Business Manager Mrs. Green and Bursar Mrs. Mellor at this very difficult and testing time, balancing the finances is not easy in the current climate.

What is encouraging is the progress being made by contractors Bovis on the new college campus, the building is now very much a presence on the landscape, and can be seen very clearly from the A6068 Padiham bypass on the way into Nelson.  It is hoped the move into the new complex can only be beneficial in both educational and financial terms.  Once the newbuild is completed, the old sites can be cleared for their new uses.