Government authorizes expenditure of 984 thousand euros for Fantasy Academy
The Regional Secretariat for Education, Science and Technology authorized the budgetary allocation for the contract with Fantasy Academy, totaling 984,070.31 euros for the years 2025 and 2026.
The Regional Government of Madeira authorized, through a joint ordinance, the distribution of budgetary charges related to the contract with the Fantasy Academy, a private educational establishment.
Ordinance No. 380/2026, signed by the Regional Secretary for Education, Science and Technology and the Regional Secretary for Finance, amends a previous ordinance on the distribution of charges and defines the phasing of the total expenditure of 984,070.31 euros.
The amounts are distributed as follows:
- Operation: 780,017.31 €
- Fiscal Year 2025 (September to December): 240,607.10 €
- Fiscal Year 2026 (January to August): 539,410.21 €
- Social Support: 204,053.00 €
- Fiscal Year 2025 (September to December): 74,201.09 €
- Fiscal Year 2026 (January to August): 129,851.91 €
The expenditure for 2025 is included in the budget of the Management and Planning Unit Office of the SRE, while that for 2026 will be borne by the same entity. The contract is signed between the Autonomous Region of Madeira and the company Sector Regra, Lda., the holder of the establishment.
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