Best Practice

Are schools on the brink of a financial crisis?

School finance
The results of the second consultation are out. But the proposed new funding formula is only part of the problem. Suzanne O’Connell looks at how school leaders responded and what some of the key factors are in the plans for the future funding of our schools

Published by the Department for Education (DfE) in September were two documents with important implications for the future of our schools: Analysis of and Response to the Schools National Funding Formula Consultation and The National Funding Formula for Schools and High Needs.

We have now reached the next stage in the government’s plans to change the way in which schools are funded.

Consultation responses could be described as “mixed” at best. In answer to the first question – “In designing our National Funding Formula, we have taken careful steps to balance the principles of fairness and stability.

Do you think we have struck the right balance?” – 93 per cent of respondents answered “no”.

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