Do you want to know how much money a school has? Here's how you find out...

Francis Gilbert's picture
 5
In these cash-strapped times, it's becoming increasingly important to know how much money a school has to weather the cuts that are coming. To get a good idea of a school's revenue and the reserves they have for 2009-2010, you should log onto the Department for Education's Administration and Finance pages. Once you are there, find the county or borough that your school is in -- they are listed alphabetically over 20 pages -- and download the relevant spreadsheet on the right hand side of the page.  Tables A and A1 in the spreadsheet (tabs at the bottom of the page) give the information about the Local Authority's budgets, including budgets for things like Youth Justice and Looked-After Children, Table B gives the information about schools.

Click on the Table B tab at the bottom of the page and find your school; starting with early years at the top and working down to schools which admit older age groups. There is loads of information here, including the Total Resources Available to the School (Column O) and School Expenditure (Column P). For me, the most useful figure is the Uncommitted Revenue Balance (Column T). This is the money that the school has in reserve; revenues and expenditure may change during the year, but if a school has spare cash to cover unforeseen circumstances then they are in a good position to fill the holes left by the cuts in the various funds that are being axed, most especially the big cuts in building, music, sport and arts funding that we know about.

I found it fascinating to note that many of the schools in my borough, Tower Hamlets, had considerable sums in reserve. Mulberry Schools For Girls, for example, has a whopping £3348088.07 in uncommitted revenue. This is not common, with most schools in the borough having reserves that amount to hundreds of thousands, not millions! However, LA schools in Hackney, my neighbouring borough are not doing so well, with none of them reporting surpluses. Could this be due to the fact that the borough is keen upon all schools becoming Academies? It's becoming increasingly obvious that schools that are in financial difficulties are the ones really wanting to opt for Academy Status for the extra money that they get with the new status. It is worrying to note that the budget figures for Academies are not publicly available.

It would be interesting for people to comment upon this. Some people I've spoken to say that the figures are not reliable and don't reflect the true complexity and constant change of school budgets, while others are convinced they provide a good picture. What's the "uncommitted revenue" for your school like? If you are concerned about this issue, you should speak to your headteacher, relevant governor or bursar. It's important that people know where public money goes and feel empowered to ask questions. It is deeply troubling that Academies and Free Schools are not subject to this kind of scrutiny.
Share on Twitter
Category: 

Comments

Andrew Old's picture
Sun, 09/01/2011 - 20:46

Well that's made me wonder if I'm going to get paid this month.

Henry Stewart's picture
Sun, 09/01/2011 - 22:39

Wow, Francis, that is quite a find. Fascinating data. I'm not too shocked by our Hackney schools - we spend our money on great education for the students, not on building up reserves. Which is fine as long as some government doesn't come along and suddenly cut......

Francis Gilbert's picture
Mon, 10/01/2011 - 09:28

Speaking to some experts, it becomes clear that the figures here are not that reliable, except the "reserve" figures *(Column T) which I've pointed out. Some schools are much worse off than is presented in the tables because of cuts to "capital funds" (building and suchlike) and cuts to Sixth Form school funding. Still, I'm going to investigate this further. Any further observations, queries welcome...

Jon Hegerty's picture
Mon, 10/01/2011 - 16:21

Don't forget the reductions in post-16 funding announded in the YPLA Post 16 Funding Statement (http://www.ypla.gov.uk/news/latest/16-19-Funding-Statement-and-Statutory...) show a (capped) reduction of 3% in Post 16 budgets for 2011/12.

Francis Gilbert's picture
Mon, 10/01/2011 - 16:50

Yes, Jon, you are exactly right. My school, which has a large Sixth Form, is losing quite a bit of money because of this. We are facing difficult times. I suppose that's why having a surplus is so important because it could possibly cover short-falls, a luxury that very sadly many schools, including mine, don't have. That's why so many of us are thinking of becoming Academies, just to keep our heads above water.

Add new comment

Already a member? Click here to log in before you comment. Or register with us.