Following analysis of Budget Forecast Return submissions, shared by over 70 Trusts representing more than 700 schools, we have produced an infographic highlighting the scale of economic challenge facing the sector.
In October 2021, the financial settlement for schools and academies for 2022/23 appeared generous. As inflation rises, pay offers are made and the energy prices escalate unimaginably, Trusts are facing a financial crisis.
Resource
Financial management
Finance and operations
