07
AYRSHIRE UPDATE
Finance
The work of the Finance workstream covers all aspects of Finance,
Estates and Procurement functions across the three colleges.
The main work to date for this workstream
has been:
• Legal and Financial due diligence
processes
• Established a baseline budget for the
new college
• Established a five year financial plan for
the merged college
• Developed the financial strategy for the
merged college
• Overseeing of procurement processes
Ayrshire
COLLEGE
STRIDES INTO
NEW HOME
Next Steps
• Developing a more detailed budget
for the new college
• Developing a new set of financial
regulations, financial policies and
procedures to ensure ongoing
financial control and sustainability
• Working with the ICT Team to review
key finance system functionality and
make recommendations for systems
integration after Vesting Date
• Manage Scottish Funding Council
Merger funds
Finance and Estates
The five year financial plan which forms
part of the formal business shows that the
merged college is financially sustainable
and able to continue to invest in its staff,
students, facilities and other resources
even in this challenging financial
environment.
Ayrshire College, Kilmarnock
Campus was presented with ten
acres of land on the former Diageo
site last week.
Information Communications
and Technology (ICT)
Diageo dona ted the land to the
College after a proposal for the
construction of a new £50 million
campus on the site of the town’s
former bottling plant.
The work of the ICT workstream covers all
aspects of the IT environment to maintain
continuity of service up to merger and
beyond. The ICT workstream plays a vital
support role across the colleges for day to
day business for staff and students.
funding
Heather Dunk, Principal Designate
of Ayrshire College, said: “This
is another important step forward
in inspiring our next generation
of learners.
“This partnership will greatly help
the College to proceed with its
plans to develop a world-class
campus in the town.”
Look out for an ICT Special in next
month’s issue of CONNECT:
CONNECTing AYRSHIRE.
ict workshops
connectivity
telephony / email
systems support
For further information on the work of the workstreams
and subgroups, go to www.ayrshireregionalcollege.co.uk
jwc ict transfer