Reserves held by Schools, 31 March 2012

Statistics on reserves held by schools include data for Wales for the period 2010-11 and 2011-12.

The key points from the latest release are:

• The overall level of reserves held by schools in Wales was £67 million at 31 March 2012, the equivalent of £149 per pupil.  This is a decrease of 9% over the previous year.  Reserves in primary schools accounted for £49 million or 73% of the total.
• The level of reserves as a percentage of delegated schools expenditure was 3.5%, a decrease of 0.4 percentage points over the previous year.
• Gwynedd had the highest level of reserves as a percentage of delegated school expenditure at 5.9% and Cardiff had the lowest at 1.4%.
• At 31 March 2012, 137 primary, 59 secondary and 4 special schools in Wales had negative reserves (i.e. deficits) totalling £14 million.  The remaining 1,538 schools had positive reserves, 271 of which had reserves in excess of 10% of their total delegated expenditure.

Further information

StatsWales website.

Contact

Tel: 029 2082 5673
E-mail: stats.finance@wales.gsi.gov.uk

Next update

October 2013 (provisional - to be confirmed on the 'Due Out Soon' page)