The Department for Education has announced that it is boosting its “schools resource management advisor” (SMRA) scheme with £2.4 million of funding. The programme will send advisors to schools to see where they can find savings. The number of advisors is currently expected to be at least 160, but is thought to potentially grow to up to 250.
The advisors will be ‘sector experts’ according to ESFA, and have ‘demonstrable experience’ of aiding schools and trusts in getting the most out of their resources. Eileen Milner, CEO at ESFA, has stated that:
“The extensive support of SRMAs […] will help schools to ensure they are directing their resources in the areas that will make the biggest difference to their pupils’ education.”
Governors and trustees should be reminded of the importance of financial efficiency, when trying to get the most out of the resources of their school(s).