“Under the system of formula-based grants, funding given to schools with similar needs could vary by up to 40%, the Public Accounts Committee said.
“The data used to calculate awards was often out of date, its report found.
“Ministers are reviewing the grants, with a new system for councils designed to give them more financial autonomy.
“But the cross-party Public Accounts Committee, which scrutinises government spending, said the three principal mechanisms for doing so – Primary Care Trust Allocations, Dedicated Schools Grant and Local Government Formula Grant – had serious weaknesses.”
There’s some useful information there for anyone who wants to start a ‘Follow The Money’ series of posts on how funding is allocated…