Schools: Finance
(asked on 31st October 2019) - View Source
Question to the Department for Education:
To ask the Secretary of State for Education, what estimate he has made of the schools budget in cash terms in each year (a) since 1997 and (b) until 2022-23 .
The table below shows the value of the core schools budget each year since 2015-16:
Year | Core schools budget (in billions of pounds) |
2015-16 | 39.6 |
2016-17 | 40.1 |
2017-18 | 40.9 |
2018-19 | 42.4 |
2019-20 | 43.5 |
2020-21 | 47.6 |
2021-22 | 49.8 |
2022-23 | 52.2 |
The figures for 2020-21 to 2022-23 include the £1.5 billion per year that the Department will provide to fund additional pension costs for teachers.
Changes to the school funding system mean that the Department does not have comparable figures for years before 2015-16.