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SCHOOLS FINANCIAL BENCHMARKING

 

You can view your school or academy trust’s financial data, see how it compares with others and use the information to establish relationships with other schools or multi-academy trusts.

Compare a school or trust’s income and expenditure with similar establishments in England.

Expenditure

Expenditure charts included are as follows:

Staff costs
Premises Costs
Occupation Costs
Supplies and Services
Cost of Finance

Interpreting Income Charts

Here you can see how funding compares with similar schools. Funding levels are determined by a combination of central allocations to each local authority (LA) and the LA funding formula. The LA funding formula is set in consultation with schools’ forums.

In many cases, the benchmarking tool can also help identify similar schools that have self-generated higher levels of income, which can be invested to support pupil progress.

Interpreting Workforce Charts

Here you can see how the workforce compares with similar schools. The workforce data is taken from each school’s submitted census.