The TES is reporting that some schools could face extra budget cuts of up to 2 per cent a year under government plans to introduce a national “fair funding formula”.
Officials at the Department for Education are understood to be considering finding extra cash for low-funded schools by imposing annual 2 per cent cuts on schools in the areas that currently receive the most money.
Chancellor George Osborne confirmed this week that a new formula would be introduced in 2017-18, but did not reveal details of its implementation. If approved, the DfE measure is expected to lead to annual cuts for five years. The move is designed to close gaps between schools’ budgets described by Mr Osborne as “arbitrary and unfair”.
At present, schools in the best-funded areas – many in inner London – receive over £3,000 per pupil more than those in the worst-funded areas…”
See the full story in the 27th November edition of TES
We know that changing the funding formula will lead to losers as well as winners – does this sound like an acceptable way to handle those schools that will end up getting cut?
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