Hastings Intermediate School principal Andrew Shortcliffe left the school at the end of last term, not long after the Ministry of Education confirmed it was working with the school to clarify its financial situation.
It ended an eight-year tenure at the school for Mr Shortcliffe, during which time he set up student academies, including a leadership academy that was set to take another trip to Fiji this year.
This trip was cancelled, and ministry head of sector enablement and support Kim Shannon said funding for school trips was one of the issues being looked at with the school.
An earlier statement from the ministry said the current involvement was a continuation of ongoing assistance that the ministry's regional finance adviser had been giving Hastings Intermediate School for the past two years.
It's understood the situation surrounds the school's negative working capital, after the school lost about $100,000 in funding when its decile increased from a decile two to three in 2014.