Schools are on the “brink of financial collapse”, heads warn

The TES is reporting warnings from school leaders that many schools are on the “brink of financial collapse”…

The results of a major survey of secondary headteachers in the East of England, seen by TES, reveals that two-thirds do not have sufficient funds to “deliver high-quality education” over the next year.

The research – which covers secondaries in Essex, Hertfordshire, Suffolk, Norfolk and Cambridgeshire – finds that 69 per cent of schools view their 2015-16 financial situation as “serious” or worse…

Richard Thomas, the executive director of secondary headteacher associations in Essex and Suffolk, who organised the surveys, said secondaries’ post-16 funding had been slashed by up to a fifth since 2010.

In addition, increases in teacher pay, national insurance and pension contributions meant that, from September, schools would experience the equivalent of a 4.5 per cent drop in funding. “It will drive many secondary schools to the brink of financial collapse,” he said…

Read the full article in the 10 July issue of TES

More at: Schools are on the “brink of financial collapse”, heads warn

 

This real-time cut in budgets because of rising costs – especially employment-related costs – was of course the elephant in the room through the 2015 election campaign with the major parties claiming they were going to protect school funding (in various slightly different ways) but none acknowledging the forthcoming cost escalation.

What do you think is going to happen moving forwards? Please let us know in the comments or via Twitter…

 

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Comments

  1. Simon Foster

    We are £255k worse off than we were last year due to increases in pension contributions, changes in NI and staff getting pay rises.

    We are now having to find less experienced teachers to replace staff that are at the top of their pay scales when they are leaving us.

    It is a very worrying situation to be in

  2. TW

    Translation:- 

    Secondary schools took the bribe money to become academies; spent  the lot; gave no thought to the future; are now ripe for being handed over to ‘professional’ managements (i.e. privatised); are rushing around trying to create MATs so they can get their hands on primary school resources; and are now whining and expecting sympathy.

  3. @TW The writing’s on the wall for stand-alone academies.  As you say, some of them will gobble up a couple of primaries in order to claim they’re multi-academy trusts, but others won’t be aware of the looming cloud until they’re described as ‘coasting’ and the proposed solution is joining an existing MAT.

  4. Dai_James1942

    SchoolsImprove If the curriculum made sense you wouldn’t have to have the expensive squad of SLT to pretend that it did, as now. #cheaper

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