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T8. Mr McQuillan asked the Minister of Education whether he thinks that it is fair that St Patrick’s and St Joseph’s Primary School in Glenullin and Garvagh, which was brought together under a federation and now operates on two sites, has been told by the Education Authority that it will not receive funding this year because, down to shrewd management, it had, at the end of March 2015, managed to save a surplus of £57,000. (AQT 3358/11-16)
That is difficult to answer, because I do not know whether the amount of money that the Member refers to is in line with the school's agreed surplus. Schools can carry a surplus or a deficit of up to 5%. Given that we are living in constrained times, the Education Authority has been working with and, in some cases, challenging schools over the amount of surplus that they are carrying.
I am not suggesting that that is the case here, but I know that, in other cases, the Education Authority has been pointing out to schools that either their surplus is beginning to get out of control, for want of a better term, or their deficit is in a similar scenario.