Most primary schools running deficits amid rising costs, survey findsWhen asked about running costs, schools highlighted significant cost increases in utilities and essential items over the past two years with heating costs, on average, up 37 per cent, electricity up 35 per cent and insurance up 19 per cent.One principal commented in the survey: “Teaching and learning resources are not being bought in order that basic running costs are paid for ...
“Inflation has more than eaten away all benefits of last years increase in capitation. In fact schools are burning through their reserves just to pay for everyday expenses,” Mr Mulconry said. The funding also included additional capitation to recognise the rising cost of living which was paid in two instalments to schools, in October 2023 and in early 2024 respectively.
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