Schools’ Budget in Britain
Some schools in England can expect to have their budgets frozen under new government proposals to reform the funding system.
Four options have been published for consultation, suggesting different ways of calculating extra funding on top of a basic entitlement.
Different areas would benefit or lose out - depending on the option - in a range from +5.3% to -3.2% of current funding, on average.
The effect will depend on how much the Chancellor, Gordon Brown, gives to education - ministers are promising only that no school will actually be worse off in real terms.
Click here to see the possible effects
Phasing
The proposals are the result of lengthy discussions by a working group made up of local and central government representatives, set up following the government’s green paper on modernising local government finance, which came out in September 2000.
The consultation on the latest education options ends on 30 September this year.
The Department for Education said the new formula that was finally chosen would be phased in.
All local authority areas would be guaranteed “year-on-year increases that will ensure they can at least maintain schools funding in real terms.”
The length of the phasing-in period will depend on how much education gets from the chancellor in the spending review, which is expected to be announced in the next week. Read the rest of this entry »
