Accountant cannot count

As the FT has noted, Philip Hammond is to allocate £500 million of extra funds to schools in the budget. However, of thus sum £320 million is to go to 140 new so-called free schools. That is £2.3 million each.

The remaining 24,372 schools in the country will share £180 million, or £7,385 each.

Alternatively, split that £180 million amongst the 8.2 million pupils involved and that’s £21.95 per pupil, which is going to make a resounding difference.

Myself I think I’d try to count how many pupils will move from the old to the new schools before I did a per head analysis……

I might even try to differentiate between capital costs and running. But then I was never very good at my accounting classes in my econ and accounting degree.

24 thoughts on “Accountant cannot count”

  1. Anyone who uses the phrase “so called” is expressing complete contempt and disbelief at the object so described, as so called tax expert Murphy is doing here.

  2. Tim

    Did you bunk off your accounting classes in the same manner as the No 1 economics blogger in the UK bunked off his economics classes?

  3. Pretty much. Never could get the hang of incomplete accounts for example,. Just couldn’t get it to gell.

  4. He always falls into the trap of thinking what the answer needs to mean before working it out.

    So the extra funds answer has to mean “trivial” rather than “an extra 25%” and the maths is unconsciously (sic) fixed to fit the conclusion.

  5. Really? Bollocks (well, obviously.)

    if £22 per head, one off, is _not_ going to make “a resounding difference”, I’m not sure that £61, on the same terms, is going to do that much more.

  6. Looking at most of the youngsters around these days I am coming to the view that the school leaving age should revert to fourteen, followed by manual labour for the great majority.

  7. OT – the ‘foreigner’ blog on TRUK is weird

    RM says he feels alienated by the UK government even though he has a UK passport & citizenship as well as an Irish one.

    Also – he says the funding for academic research gravy train from the EU might be slowing now so he may have to move abroad.

  8. what has been unleashed, on at least three million EU citizens living in the UK and a million or more UK citizens living elsewhere in the EU, is a sense of otherness.

    As a British passsport holder I could feel immune to this, but I don’t. Empathy prevents that

    Is it possible that the Fat Prof has a sense of humour after all? Surely this is a joke. It is hard to read these words without bursting out in laughter. Murph thinks he possesses “empathy”? No, he just nurses an ill-disguised grudge against people who have more money than him and who earn money by doing things he cannot understand.

    I spent the weekend in London, sand I did not notice any reduction in the numbers of people from other EU countries working in hotels, restaurants and bars. Nor did they seem to be living in a state of fear or resentment, unlike the fat prof.

    I am having a new bathroom installed. The contractor is, to judge by his name, Romanian. He is sufficiently resentful against the UK that he has set up a company here to do domestic repairs and installations. The electrician he sent around to replace my fusebox was Polish. He seemed quite happy with his lot. He is probably aware that he is not English but I don’t think it bothers him. He is not ground down by a sense of difference.

    What is it about the fat prof, soapy Jo and other remoaners? Why are they so forking thick? But, there is a possibility – albeit remote – that they are saying this bullshit to be humorous.

  9. Diogenes

    My guess is that your Romanian, Polish and other contractors are perhaps not being continually reminded of their victim status – ie, they probably don’t read the Guardian..

    A lot of this Remainer apocalypse stuff takes place in a bubble, whilst normal people carry on working and generating value?

  10. Meanwhile, the Guardian is running around screaming because “food inflation has doubled!!!11!!!!”…. from 0.7% to 1.4%.

  11. Martin,

    So how much per pupil is currently spent?
    £400? £500?

    Off by an order of magnitude. The 2015 figures that Google trivially obtained for me have a range of £4,200 to £6,300, although these are averages for the bottom and top deciles.

    If you had been correct, Murphy might also have been.

  12. £21.95 per pupil, which is going to make a resounding difference.

    Compounding, dear chap. Unless this is the last increase ever to be applied, then each increase is piled on top of the last. Together increases will make a difference.

    We didn’t get to £4,200 to £6,300 in one jump, and we won’t get to £8,000, or whatever magical figure you think is enough, in one jump either.

    The UK school age population is due to fall in the next few years. Inflation is low. Why would anyone expect major increases?

    (If you plot money spent per student versus student outcomes in the PISA testing, you find the increase in results for money spent is close to zero. You could increase school funding to double the current and the increase in learning would be trivial. Because learning is driven by culture, not by money being spent. The Chinese learn because they value it. Westerners are more variable.)

  13. The evidence that spending extra money on schools does any educational good is non-existent. What presumably would do some good is to reject up all the shite imposed on pupils and teachers over the years by Educationists.

  14. “£12,000 pa for the Senior School”: but that has to cover the school’s capital costs, not just its running costs. It has to pay the teachers enough so that they can buy into the Teachers’ Pension Scheme, it has to cover the cost of all the admin that in the state sector appears as a cost on the Council and not as money going to the school, and so on.

    Years ago I saw a letter by the bursar of an independent day school in (I think) Newcastle. He showed that once you’d allowed for the higher proportion of his pupils going on to Sixth Form, and the effects mentioned above, his school cost much the same per pupil as the local state schools.

    I expect the comparison wouldn’t work for those independent schools that lavishing money on fripperies, but I can believe it for many. When we moved our daughter to an independent school, we were struck by the comparison of the miserable little tarmac netball pitch versus the vast sports field and the swimming pool. It was the state school that had the latter two, the independent school that had the first. She also had to cope with larger classes at the independent school but it took her only a couple of days to realise what a vastly better school it was. A large part of the inferiority of the state school was self-imposed by its adoption of ludicrous policies and attitudes.

    I resent that I had to pay for a schooling that in days of yore would have been free, or next to free, but there ya go.

  15. An independent school is also free to employ teachers who know their subjects rather than androids who can recite gender-neutral propaganda

  16. My old senior school charged thousands a year when I left back in 1990. It didn’t have the capital costs of the school, what with being a century old or whatever. It did have maintenance of the buildings, it did have upgrading of the building over time etc.
    Probably about £6k a year back then.

    It also had a lot of teachers, class size was 30 to start with and 20 from 3rd year onwards down to 1 or 2 in sixth form in some subjects.
    Some of our teachers were not qualified as the state school teachers were. One of the teachers before I left was a Baptist minister – pretty sure his years of teaching in large groups and small groups were at least equal to the state teachers.

    The school also paid for scholarships and help for poorer students – from its funds not from government.
    Probably helped that the school owned a lot of land around the area donated by parents and ex pupils over the decades.

    We had a fine education but would not have said the school was rolling in money. Likely most or all its budget got spent every year hence increases in fees.

  17. Also – he says the funding for academic research gravy train from the EU might be slowing now so he may have to move abroad.

    He’s just trolling us. No way he’d oblige us by doing that. Does he even speak a European language? My guess is no.

  18. Rob, like most remoaners, he is so committed to the EU that he doesn’t deem it necessary to have any knowledge of the languages and cultures of the constituent nations. Those people who have lived and worked in the EU and studied languages and culture know that the EU is just a bureaucracy that needs to be destroyed

  19. Rob – presumably he speaks English at least. That is a European language.
    Could be he speaks some more languages.

  20. “Richard Murphy says:
    March 7 2017 at 1:54 pm

    I do have a UK passport

    But that is little comfort right now: it’s the UK government that is alienating me”

    What an odious, whining little shit he is.

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