NI schools’ £62m overspend highlights ‘perilous’ financial situation

NI schools' £62m overspend highlights 'perilous' financial situationSchools in Northern Ireland overspent budgets by more than £62m in 2019.

More than 450 schools are also in the red, according to figures from the Education Authority (EA). This figure has been rising in recent years.

The EA clarified the financial position of schools in response to an enquiry from the UUP MLA Rosemary Barton.

There are just over 1,000 schools in Northern Ireland, all of which are given a yearly budget allocation by the EA.

Most of their funding is based on pupil numbers, but there are a number of other factors that decide how much money they get.

Collectively, 451 schools went over budget by a total of £62.6m in the 2018/19 school year.

The bulk of a school’s budget is spent on employing teaching staff.