Financial reasons for state boarding school to seek academy status

From the Surrey Mirror: http://www.surreymirror.co.uk/Reigate-school-considers-academy/story-20522466-detail/story.html

'...the Gatton Park state boarding school, which has junior, senior and sixth form sections, says its grant from central government could increase by about £140,000 per year if it took the step – although, as an academy, it would take responsibility for a number of roles currently handled by Surrey County Council.