Financial Benchmarking

SCHOOLS FINANCIAL BENCHMARKING

Compare a school or trust's income and expenditure with similar establishments in England.

You can view your school or academy trust's financial data, see how it compares with others and use the information to establish relationships with other schools or multi-academy trusts.

Home - Financial Benchmarking and Insights Tool - GOV.UK

Expenditure charts included are as follows -

• STAFF COSTS

• PREMISES COSTS

• OCCUPATION COSTS

• SUPPLIES AND SERVICES

• COST OF FINANCE

INTERPRETING INCOME CHARTS

Here you can see how funding compares with similar schools. Funding levels are determined by a combination of central allocations to each local authority (LA) and the LA funding formula. The LA funding formula is set in consultation with schools forums.

In many cases, the benchmarking tool can also help identify similar schools that have self-generated higher levels of income, which can be invested to support pupil progress.