All a bit up in the air
The Government is designing a model for new Academy funding. One slightly wonders why this wasn’t worked on more while in opposition, notwithstanding resource constraints.
Think tanks too should have been more active in this important area.
Rather too much detail on the New Academies/Free school initiative is lacking, including, rather importantly, the capital funding issue. Potential suppliers are waiting on the sidelines until they see what the deal is.
The pupil premium idea is another detail missing but will be included in legislation in the autumn. ie the second Education Bill. A consultation on the Dedicated Schools Grant which ended on 7 June was the result of a review of school funding started by the previous Government. Launched in March 2010 it was still running at the time of the General election. The Government expect to publish a report on the responses shortly. Indeed, it is considering the responses to this exercise as a part of its own consultation on school funding, which will be launched in the summer.
School Funding is a hugely complex issue and few Heads fully understand why they get what they get in terms of funding for their school, although some schools are better than others at exploiting what is available.
The IFS found in a 2008 report that the current school funding regime did little to improve performance, assist choice or to promote equity in the system. So it was doing little to help the Government deliver its agenda. It noted too that it lacked transparency. Any system that lacks transparency lacks accountability too.