Welsh Government oversight of further-education colleges’ finances and delivery
We have examined whether the Welsh Government is fulfilling effectively its oversight role to ensure that, despite financial constraints, further-education colleges are financially well placed to deliver the Welsh Government’s expectations.
We concluded that, while generally sound, the Welsh Government’s funding and oversight arrangements would benefit from a longer-term and more integrated approach. In response to reduced funding, colleges have cut part-time provision and costs substantially and are aiming to develop their commercial operations to increase revenue.
