Presentation on theme: "No The College Finances Kings is not broke!"— Presentation transcript:
The College Finances
Kings is not broke!
The cash reserves The Endowments Financial Statements for the year to 31 July 2008 p26
There are alternatives to job losses Use the reserves to allow time to raise income Use the time to campaign for more government funding Spend less on consultants Look at other areas of spending
£11.5 million on communication, advertising and other services for example Financial Statements for the year to 31 July 2008 p30
If we do need job losses...
maybe at the top Financial Statements for the year to 31 July 2008 p30
What next Job losses and cuts are not inevitable The College needs to open its accounts so we can have an informed discussion We need to mobilise the College community against cuts and for more government funding