The National Governance Association (NGA), along with 11 organisations representing school leaders, governors, trustees, teachers, support staff and parents, have signed an open letter to Prime Minister Liz Truss and Education Secretary Kit Malthouse warning of their collective concern and dismay over a looming crisis in education funding.
The letter comes shortly after NGA published the results from its 2022 Annual governance survey which highlighted that governors and trustees were most likely to choose balancing the budget as one of their top three challenges for 2022 with just 30% reporting they feel financially sustainable with current levels of funding and income.
Governors and trustees are also becoming more pessimistic about their setting's longer-term financial status. Only 35% of governors and trustees said their organisation is sufficiently funded to carry out its vision and plan, down from 40% in 2021.
The letter is sent as NGA members continue to share the increasing challenges they are facing in managing rapidly rising cost pressures while attempting to steer their schools and trusts clear of long-term deficits.