Four principals gave evidence to the Northern Ireland Affairs Select Committee at Westminster on Wednesday (October 31).
The committee is carrying out an inquiry into education funding in Northern Ireland. It follows a report from the North’s auditor general in which he warned that the education system is “coming close to a financial tipping point”.
Between 2012/13 and 2016/17, there has been a 9.3 per cent budget reduction in real-terms. In that time, more schools have found themselves in the red. Since 2012/13, the number in deficit increased from 197 to 315. In that same period, those with a surplus decreased from 856 to 711. Deficits at individual schools were highest in the post-primary sector. Seven were in excess of £1 million at March 31, 2017.
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