The testimonies have been published as part of a funding survey undertaken by the Association of School and College Leaders (ASCL, 2022) and involving 630 leaders working in schools in England.
Earlier this year, the Institute for Fiscal Studies (IFS) reported that, under the current school funding settlement, per-pupil funding in 2024 will be around 3% lower in real terms than in 2010 (Sibieta, 2022; SecEd, 2022).
The 2021 spending review set the core schools budget in 2024/25 at £56.8bn, meaning this shortfall equates to £1.8bn.
Funding per-student in colleges will remain 11% lower and in school sixth forms 27% lower.
An Education Policy Institute (EPI) analysis last week concluded that the 3% shortfall equates to £150 per-pupil in primary schools and £200 per-pupil in secondary schools. This represents £40,000 for the average primary school budget and around £210,000 in the average secondary school (Andrews, 2022).
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