You may know all about your own school’s financial management, but how much do you know about the financial management of other, comparable, schools in your area? Or about other schools in the county? Or about any comparable school in the country?
The Schools Financial Benchmarking tool enables you to compare your own school’s income and expenditure profile with that of similar schools across the country. In fact, all maintained schools in England contribute information to the Schools Financial Benchmarking tool through Consistent Financial Reporting.
Using the tool, you can compare factors such as size of school, type, percentage with special needs and so on.