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Chamber and committees

Audit Committee, 21 Feb 2006

Meeting date: Tuesday, February 21, 2006


Contents


“The 2004/05 audit of Inverness College”

Item 3 concerns the section 22 report on Inverness College. Members will receive a briefing from the Auditor General to accompany the paper that was circulated late. If members do not have a paper copy, they can get one from the clerk.

Robert Black:

In my remarks on the previous item, I touched on Inverness College and said that there was a separate report on it. This section 22 report on the accounts of Inverness College draws Parliament's attention to the continuing financial difficulties at the college. The committee will recall that, in June 2005, it took evidence from the principal and the chairman of the college following a similar report that I made on the college's 2003-04 accounts.

Although the 2004-05 accounts are not qualified, the auditor continues to express concerns about the long-term sustainability of services in the college in the light of its financial problems.

Inverness College has been under financial pressure for some time. In 2002-03, it obtained additional funding that, it was anticipated, would be the basis for future financial security. However, poor trading results meant that the small surplus that the college had forecast for 2003-04 turned into an operating deficit of £526,000. That raised questions about the longer-term plans to eliminate the college's accumulated deficit by 2009.

During 2004-05, the college repaid £329,000 of advances from the funding council but, at the same time, its trading results were significantly poorer than expected. The college had forecast a deficit of £244,000 for the year but, in fact, it incurred a deficit of £966,793. That included an increase in the college's pension provision of £442,000. An efficiency review undertaken by the college has already identified the potential to reduce its future running costs by £500,000 and the college is considering further measures to improve its efficiency in the longer term. However, it is unlikely to clear the accumulated deficit of £3.6 million on its income and expenditure reserve by 2009.

Through its further education development directorate, the funding council is now helping the college with another review of its finance and governance arrangements. The team from the funding council began its work at the college in January and I am led to believe that it will complete its work by April.

Margaret Jamieson (Kilmarnock and Loudoun) (Lab):

It is interesting that you said that the further education development directorate has been working closely with the college since January. I take it from that that it was not working as closely as it should have been with the college in previous years.

Mr Black:

I am sure that members of my team can help you with the detailed information, but I know that, in general terms, the funding council has offered support to Inverness College in the past. However, in view of the deteriorating position, the funding council has now put in a significant resource to assist the college. As I am sure members will recall, the colleges are independent entities within the public sector and the funding council has no direct powers to intervene. Clearly, the funding council needs to offer assistance, but it cannot take over the running of a college, so we must acknowledge that it has to exercise its involvement in the matter with care and within its own statutory remit.

I invite my team to comment further on the background to the matter.

Bob Leishman:

I have no comment other than to say that, before the FEDD team went in, the funding council held a long series of meetings with the college board and finance executives before the decision was taken. The funding council was monitoring the situation, but when it saw that the position was getting worse it decided to get the FEDD team in.

So the offer was in the wings last year, but it was never taken up by the college management.

Bob Leishman:

Putting in FEDD is the last resort after going through a series of processes.

Arwel Roberts (Audit Scotland):

It is fair to say that access to the facilities of the funding council is always available to colleges, but in this situation the college called in the funding council to help it out.

Margaret Jamieson:

Given that we took evidence on Inverness College, were aware of its financial situation and knew that the offers of assistance were open to the college last year, I am just trying to tease out who decided that FEDD's services were required, when that happened and why it was not done before.

Mr Black:

I am sorry, but I am not sure that we can help terribly much with that. It is a question that is probably best answered by the college management.

One further fact is relevant. The college appointed a new finance director in 2005, so there has been a change in the college within the past year.

Margaret Jamieson's question is one that we might ask of other accountable officers. One gets a picture of people turning up at the college in raincoats with their collars turned up.

Mr Welsh:

We can see the problems. Having investigated them, can Audit Scotland be quite clear that everybody knows exactly what the source of the problems was that led to proposed surpluses turning into deficits? In other words, is there absolute clarity as to why that has happened, or are there areas that still have to be investigated?

Mr Black:

It would be the responsibility of the management to answer those questions in detail. Clearly, the auditor has a good sense of where the pressures are coming in the budget, but the management would be better placed than we are to give you an authoritative answer.

The Convener:

I would like to pick up on the pension provision sum of £442,000. From the most recent audit, can we say any more about possible future provision? Are you aware of any further provision that might be required and that might have an impact on recovery? On a more general theme, running across the college sector, is that sort of provision out of step? We know that there is concern about other public authority pensions. Is that provision unusual?

Mr Black:

The auditor identified a need to increase the pensions liability by £442,000. That relates to the cost of early retirement pensions for members of the Highland Council pension fund who were released by the college under earlier restructuring programmes. I am advised that, although the college calculated the first-year charge for each person, no provision was made for subsequent years' costs. Those costs were provided for in the financial year 2004-05 and charged to the income and expenditure account.

In one sense, there was a problem that appears to have been relevant only to Inverness College—that is, a failure to account for subsequent years' pensions costs. However, as members will recall from the overview report that we presented, the issue of pension provision occurs more widely across the sector. Of course, deficits in pension provision do not directly threaten a college's financial health. As I am sure that members will recall, a college can remain financially secure while maintaining a pensions deficit provided that it meets the other requirements of financial security—that is, making reliable operating surpluses and having adequate cash. For that reason, we place a lot of emphasis on the college as a going concern and on its operating position. However, it is clear that pension provision is a liability for the sector as a whole.

Does that mean that there will need to be provision in future years for the on-going pension costs?

Arwel Roberts:

That is what the adjustment does.

Now that the cost has been identified, it will need to be built into next year's costs.

Mr Black:

It is built into 2004-05. Am I correct?

Arwel Roberts:

Yes.

But not the years after that.

Bob Leishman:

The adjustment in 2004-05 creates the provision to pay for future years. The provision will have to be reviewed annually to ensure that it is still sufficient.

I assume that we will not find ourselves in a situation where unknown costs arise that affect the college's recovery plan.

Bob Leishman:

As long as the pension provision remains big enough to meet the demands on it, it should not affect the recovery plan in the future.

Eleanor Scott (Highlands and Islands) (Green):

The committee and witnesses might be interested to know that, on 10 February, there was a meeting of the board of Inverness College and a cross-party group of Highlands and Islands MSPs. The meeting was instigated by Fergus Ewing MSP, who is the constituency MSP for Inverness College. At the meeting, we talked about the college's financial problems. I was slightly late for the meeting so I missed a wee bit at the beginning, but the college continues to talk about the burden of being part of the UHI Millennium Institute network. We have heard about that before. We asked whether the college could quantify that burden and it undertook to do so although it seemed to say that that would be difficult. We heard about a financial burden, a human resources burden and a people burden. I am not clear why there should be a burden, given that the UHI Millennium Institute comes with its own funding. However, we said that, if it was appropriate for politicians to argue for increased funding to take account of that burden, we would need that information. Should it be readily available?

Mr Black:

The short answer is yes. That information should be available. In the forward programme of work that we are thinking about at the moment, we have registered the possibility of a performance audit of the university of the Highlands and Islands. However, that will be the subject of consultation during the summer months. We are aware that Inverness College considers that the UHI places a burden on it, but the people who are best able to give you accurate and up-to-date information are clearly the management of the college itself.

Eleanor Scott:

The college talked about savings of £200,000 on academic staff, but it was not at the stage of having any detail on that. There is the inevitable tension between having to make savings and providing courses in, say, construction in the fastest-growing city in the UK. Is there a risk that such courses may be slimmed down to the extent that they might be financially secure but are no longer fit for the purpose of meeting the further education needs of the Inverness and Moray firth area?

Mr Black:

That is a reasonable question, but we cannot answer it at this point. We need to do more work in the area before we can answer it.

Arwel Roberts:

Although the situation may appear irreconcilable, it is possible to reduce staff numbers if those concerned are specialists in courses that the college may decide not to continue specialising in. If the college wants to concentrate on particular disciplines, it can still reduce staff numbers in the disciplines in which it does not intend to focus.

Do members have any further questions?

Members:

No.

Again, our response to the report can be discussed under agenda item 8 and taken into account with our discussion on the funding council.

I thank the Auditor General for that briefing.