Forty-Second Report - Financial sustainability of schools in England
Select Committee
Public Accounts Committee
HC 650
4 March 2022
Recommendations
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Conclusions (3) Observations and findings — click to expand
1
Conclusion
Not Addressed
On the basis of a report by the Comptroller and Auditor General, we took evidence from the Department for Education (the Department) and the Education and Skills Funding Agency (the ESFA) on the financial sustainability of schools in England.1
Government Response Summary
The government provides a basic acknowledgement of the report and the evidence session, without addressing any specific findings or recommendations.
6
Conclusion
The COVID-19 pandemic has had a significant impact on the school system but data are not yet available to indicate how schools’ financial health has been affected.11 The Department is providing extra funding to help schools cover costs relating to COVID-19, mostly for catch-up learning, but does not know the …
7
Conclusion
Maintained schools report their finances for the year ending in March. Most maintained schools were in surplus from 2014–15 to 2019–20, with 88% reporting a cumulative surplus in 2019–20. However, the proportion reporting a deficit more than doubled from 5% to 11% over the same period.15 The proportion of maintained …