Overview

• School costs are projected to grow by 4% in 2024, outpacing the 1% inflation rate in the broader economy.
• Increases in staff pay, food, and energy costs are major contributors to budget pressures.
• Special educational needs funding has significantly increased, consuming a large portion of school budgets.
• Teacher pay has declined in real terms since 2010, complicating recruitment and retention efforts.
• Potential measures to address budget issues include school closures and staff reductions, despite falling pupil numbers.