How rich is my partnership (2018)?
Partnerships for appropriate education saw their equity grow to 260 million euros last year. How big are the financial reserves in your own region? The Education Magazine mapped them out.
A total of 19,5 million euros was left over from the 152 partnerships in primary and secondary education in 2018 below the line. Two thirds of that, 13 million euros, remained on the shelf in secondary education, nearly six and a half million in primary education.
The maps below visualize solvency in 2018, a measure of 'relative wealth'. Towards 2017 the total operating surplus decreased from 32 million to 19,5 million euros. This means that the equity of all partnerships together has increased to 260 million euros.
Average solvency is still well above seventy percent. The fact that solvency did not further increase last year is because short-term debts increased by ten million euros.
-> Click here for one complete list.
Parliamentary questions
In the past four financial years since the introduction of appropriate education, alliances together have left over 182 million euros.
Growing reserves have caused increasing irritation in recent years political The Hague.
Just like last year, GroenLinks recently asked parliamentary questions.
https://twitter.com/Lisawesterveld/status/1182257982995943425
Research
Education Minister Arie Slob will have the Education Inspectorate conduct an investigation this autumn into which criteria are most suitable for establishing excessive reserves. In the first instance, the ten percent of the 'richest' institutions per educational sector will be examined, also in the case of partnerships.
Slob tried in a letter to the House of Representatives to view the figures somewhat positively. Average solvency has not increased and average liquidity has even decreased, he wrote. This does not alter the fact that partnerships still have a lot of money in bank accounts. The reserves held are often above the risk buffers that institutions themselves think they need.
According to Slob, partnerships expect to write in the red in the coming years, ie to use their reserves. However, the information submitted by the Minister also shows that SWS have much more left over year on year than they initially thought. For example, for 2018 not a surplus but a deficit of 19 million euros was budgeted.
