Sound logic of pound;1m purchase
Share
Sound logic of pound;1m purchase
https://www.tes.com/magazine/archive/sound-logic-pound1m-purchase
The logic behind using that fund to purchase office accommodation rather than to continue to lease is sound and is a strategy adopted by many professional organisations, including the teaching unions and other GTCs.
While the article reported thepound;1 million average cost of commercial buildings in Cardiff, it did not observe that it is likely to take many years before the GTCW will have accrued the remaining pound;70,000 required for a deposit and is in a position to move forward.
The article also reported elements of the GTCW’s draft, unaudited accounts presented to council members. It is important to point out that our chairman, Mal Davies, does not receive any sum to reimburse him for his time. The Pounds 32,000 quoted is paid directly to Cardiff LEA to cover the cost of cover during Mr Davies’ absence from his role as headteacher at Willows high school.
Julia Evans
Deputy chief executive
General Teaching Councilfor Wales
4th Floor, Southgate House
Wood Street, Cardiff
You've reached your limit of free articles this month. Subscribe for £1 per month for three months and get: