‘Internal politics’ stops MATs centralising academy cash

Only a tiny fraction of multi-academy trusts are planning to pool their schools’ funding centrally despite ministerial urgings, according to a new report.

A major new survey reveals that just 5 per cent of MATs are planning to centralise their general annual grant funding  – a process known as “GAG pooling”.

Under this approach, the trust collects the money earmarked for each school centrally and then shares it out between them, rather than top-slicing school budgets to manage the costs of the trust.

Today’s Kreston Academies Benchmark report says the approach has been supported by the Department for Education but remains unpopular with trusts.


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