State of Education Report 2017 state-of-education-booklet-Final-WEB - Page 11

We can also expect less investment in teachers’ professional development in nearly half (46%) of all schools, despite quality of Beyond savings: income-generation and financial efficiency in action teaching being known to have the greatest impact on pupil outcomes 10 . It remains to be seen whether these cuts can amount to the £1.7 billion While almost three-quarters (72%) of school leaders say they are the DfE expects schools to save in workforce costs by 2019-20 . not confident in their school’s ability to generate additional income 11 to combat budget pressures, many are adopting an entrepreneurial Less investment in development and maintenance of premises is spirit to source significant and much-needed extra money. expected in nearly four in 10 (39%) schools that need to make savings, and it seems that government plans to provide £216 million of extra We asked school leaders what solutions they are implementing, if any, investment in improving existing buildings will not be enough. As to achieve greater financial efficiency or generate additional income. the NAO reports , at least £6.7 billion is needed to restore all school More than four in 10 (42%) schools are letting their buildings and buildings to a satisfactory condition. facilities – some are offering wrap-around and holiday childcare, for 12 13 instance, or opening the swimming pool after hours. More than one in Resourcing the curriculum is also likely to prove difficult over the next 24 months, with only half (51%) of school leaders feeling confident this will be possible to do adequately. Among schools that need to make cuts, the budget for curriculum resources is the second most likely to see the biggest hit, behind staffing, with 8% expecting to make savings here. In some schools, teachers are said to be “resourcing lessons out of their own pockets”. JOIN THE DEBATE “Schools have to look at themselves as businesses, the leaders as entrepreneurs who think creatively about what opportunities they can capitalise on… It’s amazing what you can achieve with some creativity and willpower.” Stuart Pywell, Headteacher, St Stephen’s Junior School @THEKEYSL #STATEOFED 10 (13%) is building partnerships with local businesses, and a similar proportion (10%) is setting up on-site nursery provision. One school’s combined initiatives raise up to £300,000 a year, from activities such as renting out the school hall almost every week-night for anything from church groups to weddings, birthday parties or language classes. Many schools are also working together to achieve economies of scale: nearly a quarter are sharing contra