There are 230 schools in Warwickshire. 209 of which will have less spending power in 2024/25 as a result of these funding cuts.
For Primary schools in Warwickshire, there will be a £155 reduction in spending power per pupil over the next financial year, and in Secondary schools there will be a £231 fall in spending power per pupil.
South Warwickshire’s Liberal Democrats have warned that the fall in spending power will push already stretched school budgets to the brink, with a worse educational experience for pupils and worse outcomes. The Liberal Democrats are calling for the Government to boost funding for local schools as they struggle to balance the books.
It comes as new data released today shows that this Conservative Government has cut the annual growth in funding in cash terms from 8% in 2023/4 to 3.1% in 2024/5.
The Lib Dems are calling for the Government to review school funding after the IFS has concluded that the purchasing power of school budgets in 2024 will still be about 4% lower than in 2010.
"This Conservative government has failed South Warwickshire’s children. Parents in our community should not have to send their children to schools which have had their funding decimated by a Conservative government that has lost interest in providing high-quality education."
“Investing in education is investing in our future but this Conservative government has let school buildings crumble and overseen a severe shortage of teachers. Far from preparing the next generation for the future, Ministers have totally abandoned them.
“The Liberal Democrats know that investment in education boosts our children’s futures. Having been a school governor for over 8 years, I have seen first-hand the huge challenges our schools are facing in trying to balance the books and provide a top class education for our children. The Treasury needs to urgently look at increasing school funding".