News

CPD spending slashed as school budget deficits continue to rise

CPD School funding and finance Government policy Whole-school issues
The school funding crisis continues. Maintained schools are facing £233 million of deficit budgets, while year-on-year staff CPD spending is down by 12 per cent. Pete Henshaw reports

CPD budgets have fallen by 12 per cent across England’s secondary schools in the space of a year as funding pressures continue to bite.

It comes as separate figures revealed that the proportion of maintained secondary schools running a financial deficit has risen dramatically since 2014 and that a majority of secondary schools – academy and maintained – are spending more than their income.

The analysis of school balance sheets in England has been published by the Education Policy Institute (EPI).

It reveals that 30 per cent of maintained secondary schools were running a financial deficit in 2017/18. This figure is up from eight per cent in 2014 and the average deficit stands at £483,500.

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