Formula funding: three years on

Article Abstract:

The United Kingdom's LMS or Local Management of Schools Initiative comprising the Chartered Institute of Public Finance and Accountancy (CIPFA), the Local Government Management Board and the Society of Education Offices, among others, has come out with a funding formula that has been steeped in controversy since its inception. For most educators, the ideal formula was one which considered current policies and respected the traditional manner of allocating funds to individual schools. The implementation veered from the status quo and thus, a far simpler and fairer one is desired.

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Opt-out schools funding rules hold back budget delegation

Article Abstract:

The United Kingdom's rules for the funding of opted-out schools is holding back local authorities from allocating a bigger share of their budget for local schools. A study on the local management of school schemes advises education officials to desist from delegating more than 85% of budgets to opted-out schools since these schools begin to earn money beyond that point to the detriment of state or local authority schools. The study further emphasized that the issue was not only an educational issue to be tackled by the education department but also a corporate matter as well.

Education and state, Education policy

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Employers claim 300m pounds sterling shortfall in teachers' pay awards funding

Article Abstract:

Employers allege that the 7.5% increase in primary school teachers' incentives and salaries is not being provided in full by the UK government. They claim that there is a fund deficit of 300 million pounds sterling that will endanger 12,500 jobs. However, Education Sec Kenneth Clarke denied the allegation, saying that the government has decided to give the increase in full rather than in staggered payments. The wage hike will be implemented on Sept 1992.

Compensation and benefits, Teachers, Clarke, Kenneth (American writer)

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