School resource management tools Emily Nunn, DfE

What tools have DfE made available? How are they all linked? How do I use them and get the most out of them?

Tools to help school resource management School resource management self-assessment tool (for academies) SFVS (for maintained schools) School financial benchmarking service Benchmarking report cards Efficiency metric Get financial advice for schools

Get financial advice for schools Schools financial benchmarking website Benchmarking report cards Self-assessment tool / SFVS Efficiency metric A list of suppliers of financial advice for schools Detailed comparison of income and expenditure to similar schools A selection of benchmarking charts An assessment of use of resources An indication of efficiency compared with similar schools Suppliers can help review finances and identify and address issues A website that helps you find schools to compare to and contact details to follow up A four page report to encourage the use of financial benchmarking A one page assessment that RAG rates spending and characteristics A quick assessment of how well funding is used to improve pupil progress Guidance also helps you select a supplier Helps you find similar schools using a wide range of characteristics Uses a few characteristics to find comparison schools Allows you use your latest data or budgets A starting point for an efficiency assessment Increasing detail

Demonstrations Efficiency metric https://www.gov.uk/government/publications/schools-financial- efficiency-metric-tool 2019-20 SFVS https://www.gov.uk/government/publications/schools-financial- value-standard-sfvs New features on the benchmarking website https://schools-financial-benchmarking.service.gov.uk

Questions, comments and feedback School.ResourceManagement@education.gov.uk