To ask the Secretary of State for Education, what information his Department holds on the amount of funding removed from individual school budgets by the Wakefield City Academy Trust.
27 February 2018
Wakefield City Academies Trust is taking a trust-wide perspective of its finances, which many academy trusts do. The department is working to ensure all 21 academies transfer to incoming trusts in a way that secures the financial future for each school and the education of their pupils. All 21 academies will transfer to their new trusts with a balanced budget position, enabling incoming trusts to give each school a fresh start. To support this, the department is providing appropriate funding to the incoming trusts to improve pupil outcomes. The academies will be moving to a much more financially secure environment, and will be receiving excellent support from trusts with proven track records.