News

Funding pressure continues as schools plan for deficit budgets

A majority of schools are either running a budget deficit already or plan to have one within the next three years, new research shows

More evidence has emerged of the financial pressure facing schools after a snapshot survey found that 84 per cent are either already running a budget deficit or plan to have one in the next three years.

Furthermore, among the money-saving strategies being employed by schools, the survey finds that increasing class sizes and pupil-to-staff ratios are the most common.

The findings form part of a report published this week looking at how schools have been forced to change or adapt working practices to overcome funding pressures.

The survey, which involved 168 responses from mainly secondary headteachers or executive headteachers, found that only 16.2 per cent do not anticipate running a deficit in the next three years.

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