A fund set up to support schools and voluntary groups across the district has over £38,000 sitting in the bank.
The Community Schools 2008 Charity was launched after four high schools were built under a ‘not for profit’ scheme. As a result of the way they were funded it is entitled to annual payments which so far have been worth over £55,000.
But the final report from director of education Andrew Sutherland, who left last week, shows that in the last five years less than £18,000 has actually been awarded - with £13,500 worth of grants only approved by the charity board during its current ‘operational year’.
Since October 2012 of the 33 applications for financial help received from nursery classes, primary and secondary schools, clubs and groups to fund various initiatives, 28 were sent a cheque for up to £500. The five bids turned down included one from Larbert High School for £1500 to promote a cycle project and and another from Cumbrae Taekwondo for £500 to buy gym equipment.
Falkirk Council’s Education Executive was told the £38,855 balance is held in a council account but it was agreed the board should look at putting some of its spare cash into one which could earn a higher rate of interest.