Post by Kiwi Frontline on Aug 20, 2017 17:28:45 GMT 12
PALMERSTON NORTH SCHOOL MANA TAMARIKI SEEKING WAY OUT OF FINANCIAL TROUBLE
A financial recovery plan has been launched for Palmerston North school Mana Tamariki after outspending their income by more than six figures, two years in a row.
The Maori immersion school topped the list of Manawatu regional schools that posted an operating deficit in 2015, with $206,027 more going out than coming in, and saved funds of just $23,348 at the end of the year.
The school's deficit in 2014 was $155,683.The school's 2016 report is currently being audited.
Mana Tamariki caters for children from preschool through to the end of high school. It was started as a kohanga reo in 1989, and a home-schooled kura opened in 1995. In 2010, the school opened a new $3 million building in Grey St that attracted architectural awards.....
www.stuff.co.nz/manawatu-standard/news/95928149/palmerston-north-school-mana-tamariki-seeking-way-out-of-financial-trouble
A financial recovery plan has been launched for Palmerston North school Mana Tamariki after outspending their income by more than six figures, two years in a row.
The Maori immersion school topped the list of Manawatu regional schools that posted an operating deficit in 2015, with $206,027 more going out than coming in, and saved funds of just $23,348 at the end of the year.
The school's deficit in 2014 was $155,683.The school's 2016 report is currently being audited.
Mana Tamariki caters for children from preschool through to the end of high school. It was started as a kohanga reo in 1989, and a home-schooled kura opened in 1995. In 2010, the school opened a new $3 million building in Grey St that attracted architectural awards.....
www.stuff.co.nz/manawatu-standard/news/95928149/palmerston-north-school-mana-tamariki-seeking-way-out-of-financial-trouble