To ensure Financial Sustainability meeting all
statutory and governance requirements and
supporting a positive and innovative student
experience.AIM 1
OBJECTIVES
1.1 We will deploy robust planning,
monitoring and risk management
techniques to ensure fi nancial
sustainability in line with the
requirements of the Scottish Funding
Council (SFC) and the Glasgow
College's Regional Board (GCRB).
1.2 We will ensure our resources are
deployed economically, eff ectively and
effi ciently to maintain fi nancial health
and support the delivery of a quality
student experience.
1.3 We will provide a balanced resource
budget annually at 31st March,
allowing the College to fund its
current estates commitments
alongside making appropriate funding
contributions towards future identifi ed
estates developments.
1.4 We will facilitate investment in
innovation through the provision of new
equipment and emerging technology
required to provide high quality
teaching and support services.
1.5 We will maintain appropriate minimum
cash balances, and where appropriate
transfer funds to the College's
Foundation.
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