Millions of dollars sitting in NSW public school bank accounts disappeared last week, spooking principals already grappling with cuts to their operating budgets.
Sydney Boys High principal Kim Jaggar apologised to parents when he told them planned works had been put on hold. “It is causing a lot of angst. We know our public schools are not adequately funded, but now we’ve just had a funding cut,” Petersen said. “We operate on very tight budgets, we need every bit of money, the schools are run down, the students are more complex and need more support – we need to be able to spend that money,” the school leader said.
“We need to prioritise teaching in classrooms and ensure every available dollar is spent on better teaching and learning outcomes,” the spokesperson said.“School budgets are provided to support the learning of current students within the school calendar year, not for holding for future years. We are supporting principals to manage their budgets to achieve these outcomes.”