'This will concern both parents and taxpayers who will be left to face the consequences.'
In a paper sent to councillors, the gaffe-pronechiefs at the local authority have admitted that the funds for the new primary school and an extension to the secondary school will require “prudential borrowing” which would cost the council £4m a year.
What made this hugely embarrassing for the council, was that parents had been warning for some time that the new building was not going to be big enough, and those concerns were repeatedly rejected. In the latest board paper for the council’s education committee, officers admit that they have not yet secured land, no design finalised, and no commercial tender issued for construction.
The council says some of the housebuilders and others who worked on the development of the site should contribute towards the costs for the work on the secondary. “It is likely in the absence of any other external capital funding being secured that the Council will require to fund the remaining capital costs through prudential borrowing. Based on the upper end of the range of capital costs outlined above, annual borrowing costs would be in the region of £4 million.”
Belgique Dernières Nouvelles, Belgique Actualités
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