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.