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No Cuts @King’s. The College Finances. King’s is not broke!. The cash reserves. The Endowments. 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 - PowerPoint PPT Presentation
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No Cuts@King’s
The College Finances
King’s 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
No Cuts@King’s
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