DfE School Financial Health and Efficiency Webpage
January 26, 2016
This week the Department for Education (DfE) revamped its resources for schools in relation to financial health and efficiency. As well as pre-existing tools, such as the benchmarking website, the DfE has also launched two new tools, an efficiency metric and Benchmarking Report Card. The former is an online tool which can be viewed on the webpage, but the Benchmarking Report Card has been emailed to every school this week. Head teachers should arrange for the Report Card to be sent to governors.
The report card provides highlights of individual school spending in various categories, compared with similar schools. The tools are meant to provoke questions and discussion – the fact that your school is spending more or less on particular item than other schools does not mean you have got something wrong, but is a reminder to review spending to see if you could do something differently which would improve outcomes.
The DfE is seeking feedback on both the efficiency metric and benchmarking report card you can find short surveys on the relevant sections on the webpages.