By David Miller
This ebook covers crucial facets of those crucial matters, resembling: how and while to funds the best way to audit your school's amenities the way to deal with, continue and increase your premises how one can achieve additional investment on your premises what are the most health and wellbeing and questions of safety, what are the typical pitfalls, and what are the guidelines you actually need.
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Some local authorities have software to help you with this and to consider the financial consequences. 3. It is particularly useful to work out pupil–teacher ratios (PTRs). You can calculate this by dividing the total number of pupils by the number of teaching staff including the headteacher. You could compare your PTRs with other schools, or look at the trend in your school over the last few years. You may find that your teaching workforce has remained broadly the same, while your pupil numbers have steadily decreased.
We have already suggested that you use local benchmarking information as part of your initial stocktaking exercise. The purpose of benchmarking is comparing your income and expenditure against other similar schools to provide you with data on how effectively you are using your resources. For example, you can compare how much you are spending per pupil on say building maintenance compared with such schools. The main advantage of local benchmarking is that you can usually identify the schools you are comparing your school against and even contact the headteacher to compare notes.
Governors will have been involved in setting plans at the start of the year but you will have to consider how you keep them updated of any significant changes or developments. Tip – Simplicity in reports is the best option – use words to describe the financial position rather than lots of numbers. Many heads take the easy option and pass around a copy of the reports from their financial information system with no explanation of what the information means. It is worth establishing with the governing body or finance committee what type of information they would like and offer some training to help them with the role.