The ISL Headlines - March 2014

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s e n i l d a e H L The IS From the Head of School : Mr. Martin Gough “Striving for Excellence” Important Dates 10 th - 21st April

Easter Holidays

22nd April

School reopens

24th April

Last Supper IB2

25th-26th April ISUZU-ISL Ultra Marathon 30th April

Last Supper IGCSE

30th April

Circus Night

Contents Head of School/Board Chairman

1

Primary Principal

2

PYP/Early years

3

Upper Primary

4

Yr 1/ Junior secondary

5

IGCSE / IB

6

Performing arts

7

Visual arts

8

Ultra Marathon/Triathlon

9

March 31st 2014

It seems the rains are over and we are heading into a beautiful time of year with bright, cool mornings but plenty of green still around. This is a great time for sports events and ISL has been taking part in a large number of swimming and football competitions over the last few weeks. Our teams have done exceptionally well, with perhaps the major success being the trip to Chengelo School to win the U19 Boys‘ Football Team ISAZ National Trophy for the first time. Congratulations to all the student players and to their coaches. In my last newsletter I mentioned that we were seeking architectural and engineering services for creating a masterplan for redevelopment of the school buildings and infrastructure over the next few years. 8 companies submitted proposals, which an ad hoc Board of Governors‘ Tender Committee will review over the next few weeks. The Mid-Term Holiday is nearly upon us and all the students and teachers at the school are looking forward to a well-earned break. IGCSE and IBDP students will be using that time to revise for their upcoming final, public examinations that start soon after we return and continue into May and June. If your child is taking IGCSE and IBDP exams, please do take time to talk to them about their plan for revision over the next two months and help provide them with the right conditions to work in at home. I recently sent out a pdf, single sheet 2014-15 school calendar by email to parents. This can be found to download on the ISL website at http://islzambia.org/calendar.html where you can also subscribe to the live Google ISL Year Calendar which shows term and holiday dates for the next three years.

From the Board Chair : Elizabeth Jere One of the most common questions I hear from fellow parents is, ―Are the school fees increasing next year?‖ The answer from the Board will always be ―yes‖. I know that this is not the answer that parents want to hear, as many ISL parents (myself included) pay school feels from their own hard-earned salaries. Why do school fees always increase year-to-year? The main issue is inflation. The cost of doing business in Zambia increases annually and this external factor is beyond the school‘s control. Internal factors include incremental increases in staff salaries or changes in benefits premiums. The school also ships a container of school supplies into Zambia from abroad every year, and a falling kwacha exchange rate would increase the budgeted amount needed for this expense. When ISL management presents the following year‘s draft budget to the Board every March, the Board examines it to see if there are any potential savings that management hasn‘t already identified. Usually, there is very little savings possibilities in the budget, as approximately 70 percent of the budget is allocated to staff costs. (This is a normal percentage for school budgets). The other 30 percent goes for such items as school supplies, maintenance of school and teacher housing, cleaning supplies, security, etc. The Board is always careful to ensure that every budget includes an annual surplus allocated for capital improvements, which also enables the school to put some cash into short-term interest-bearing accounts during the year. The 2014-15 budget preparation process is particularly challenging given the recent fall of the kwacha exchange rate. While all staff are currently paid in kwacha, the teachers (particularly international hires) have seen the value of their salary drop as much as 25 percent from when they signed their contracts. With the recent removal of SI33 by the Zambian government this month, the Board will need to carefully consider if we continue with a kwacha budget next year or revert to dollar-based budgets (which were the norm prior to the introduction of SI33 in June 2012). There is no easy answer at this point. The only answer we have now is that yes, the fees will go up in 2014-15. The 2014-15 budget will be passed by the Board by April 30th, made available to parents in May, and presented at the Annual General Meeting on Saturday 7 th June. We hope to see you there.


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