Thursday 1 October 2015

MATs included in DfE financial benchmarking for the first time

According to the EFA's latest Academies Bulletin: "The Department for Education has updated the academies financial benchmarking website with 2013 to 2014 income and expenditure data. For the first time we have included income and expenditure details for academies in multi-academy trusts."


The department said: "To do this we have taken the central income and expenditure for each MAT and allocated this across its schools according to pupil numbers". This relates to the fact that MATs have different accounting systems and some can, for example, pay head teachers centrally making it difficult to compare their staff costs with MATs where the schools pay the heads directly.


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