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‘Scant detail’ in DfE’s fairer funding formula consultation

Governance and management Legislation and guidance School funding and finance Government policy Senior leadership
Research has shown the extent of the funding crisis in secondary schools. Meanwhile, fears remain that the new ‘fairer funding formula’ – published for consultation this week – will see many schools losing out.

Schools are reducing the number of courses on offer, increasing class sizes and cutting ICT and resources in a bid to cope with falls in funding.

A survey involving 900 secondary school leaders reveals that half of them are planning redundancies in the coming months.

The research, which has been carried out by the Association of School and College Leaders (ASCL), also shows that 90 per cent expect their financial situation to get worse in the coming year, describing the situation as “serious, very serious or critical”.

ASCL’s own forecasts show that an 11 to 18 school with about 1,700 pupils and a budget of £7.9 million will have to make cuts of £531,000 in 2016/17 – the equivalent to more than 10 teachers.

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