We all know that schools are struggling financially. We survey the members of the National Association of Head Teachers (NAHT) annually about their budgets in a report entitled Breaking Point.
Last year, Breaking Point revealed that 21 per cent of school leaders had budgets in deficit – up 13 per cent since 2015. And only eight per cent of school leaders did not foresee a year where they would have an untenable deficit.
Of course, the government has just announced a new funding package for schools and the £7.1 billion extra by 2022/23 will go some way to restoring the real-terms cuts we have seen since 2010 but will not chalk it all off. Also, there is no extra money for schools this year and that is still a big problem for schools whose budgets are already at breaking point (for more details on the funding announcement, see our report here).
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