David Amess
Main Page: David Amess (Conservative - Southend West)Department Debates - View all David Amess's debates with the Department for Education
(7 years, 6 months ago)
Commons ChamberAcademies face much greater financial scrutiny than local authority schools. They have to produce annual audited accounts, whereas local authority schools do not, and the Education Funding Agency scrutinises closely, on a quarterly basis, the funding and expenditure of academies and multi-academy trusts.
The new funding formula is designed to ensure that funding is properly matched to need. It uses up-to-date data so that children who face entrenched barriers to their education receive the teaching and support that they need. I recognise that my hon. Friend will be disappointed by the impact of the proposals, on the basis of illustrative figures for the 2016-17 year for schools in Southend. As he knows, we are conducting a full consultation on the formula’s details, and I know he will continue to make his views known through that process.