Extra cash in school budgets in funding shake-up

Extra cash in school budgets in funding shake-up

They pointed to evidence from the National Audit Office and the Institute for Fiscal Studies, which warned of ?3bn funding gap and schools facing an 8% real-terms budget cut.

During the election, the Conservatives had promised an extra ?1bn per year, which on top of planned increases, would have meant the core schools budget rising by about ?4bn in 2021-22.

Most of this extra funding was going to come from scrapping free meals for all infants, a policy which was subsequently ditched.

Under the plans announced by Ms Greening on Monday, the overall core schools budget will rise by ?2.6bn between 2017-18 and 2019-20.

All schools will receive at least an increase of 0.5% in cash terms.

Extra cash in school budgets in funding shake-up

The Liberal Democrat education spokeswoman Layla Moran said: "This is a desperate attempt to pull the wool over people's eyes.

"Schools are still facing cuts to their budgets once inflation and increasing class sizes are taken into account."

As well as concerns about the overall amount of money available, there has been controversy over how it is divided between individual schools.

A new National Funding Formula was announced by education secretary Justine Greening before Christmas.

Ms Greening said the new formula would go ahead and would address unfair and inconsistent levels of funding.

Under the new arrangements, from 2018-19, the minimum funding per secondary pupil would be set at ?4,800 per year.

For many years there have been complaints that schools in different parts of the country were receiving different levels of per pupil funding.

Details of an updated version of the formula, with budgets for individual schools, are being promised for the autumn.



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