Question to the Department for Education:
To ask the Secretary of State for Education, what assessment he has made of the costs incurred by local education authorities as a result of schools becoming academies; and what criteria his Department uses to risk assess the financial health and governance standards of (a) trusts and (b) sponsors planning to take on new academies.
The Department does not routinely collect data on costs incurred by local authorities as a result of schools becoming academies.
The Department reviews a broad range of data and intelligence when assessing the financial health and governance of trusts and sponsors planning to take on academies. This includes trusts’ audited accounts and other financial returns, and key risk indicators such as whether trusts are subject to Financial Notices to Improve, or concerns about financial health, governance, qualified accounts or potential compliance issues.