Public expenditure within the education sector is not accurately accounted for, the Audit Commission revealed last week. Schools spend 24bn a year or one third of the local Government revenue budget. But the study found that reliable and up-to-date information about schools' budgets could not be provided by the Government or local councils. As a result, the report concludes that the funding crisis reported in spring 2003, was based on perception and assumption rather than accurate information. The Commission said that the level of schools' unspent balances - exceeding 1bn in total -is increasing, not eroding.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
