Reserves held by Schools, 31 March 2011

Statistics on reserves held by schools include data for Wales for the period 2009-10 and 2010-11.

The key points from the latest release are:

• The overall level of reserves held by schools in Wales was £74 million at 31 March 2011, the equivalent of £163 per pupil.  This is an increase of 3.5% over the previous year.  Reserves in primary schools accounted for £52 million or 70% of the total.
• The level of reserves as a percentage of delegated schools expenditure was 3.8%, a slight increase over the previous year.
• Conwy had the highest level of reserves as a percentage of delegated school expenditure at 6.4% and Wrexham had the lowest at 1.3%.
• At 31 March 2011, 124 primary, 56 secondary and 6 special schools in Wales had negative reserves (i.e. deficits) totalling £13 million.  The remaining 1,576 schools had positive reserves, 296 of which had reserves in excess of 10% of their total delegated expenditure.

Further information

StatsWales website.

Contact

Tel: 029 2082 3519
E-mail: stats.finance@wales.gsi.gov.uk

Next update

October 2012 (provisional - to be confirmed on the 'Due Out Soon' page)