The school uses the Department for Education’s (DfE’s) Schools Financial Benchmarking website to find similar schools and then compares their per-pupil revenue and expenditure data against spending at St Nicolas. This allows the school to identify areas where spending is comparatively high or low. It is important to also understand the story behind the data and to consider it in context.
St Nicolas CE Primary School has achieved the top efficiency rating in a set of statistically similar schools according to the Department for Education’s (DfE’s) financial efficiency metric tool. This is further validated by the recently released Benchmarking Report Card.
The Headteacher and Business Manager work closely with the Chair of the Resources Committee when considering financial decisions and the Leadership Team are also consulted when developing the systems and processes the school has in place to help ensure spending is efficient and results in the best outcomes for our pupils.