FEATURE: SMART PROCUREMENT “
Our approach to funding allocations simplifies moving resources between schools. Instead of journaling costs between locations we view it as one cost to the organisation that is shared. We operate as one school over 21 sites with staff moving between schools as needed. It means we can support both schools and staff who want additional experience in different settings easily. We work as a team and easily procure and share resources.”
21+ school MAT CFO
allocating resources to meet the diverse needs of all students within the trust. The decision not to pool funds often revolves around trust in existing funding mechanisms, the desire for local control, concerns about bureaucracy, and considerations related to the size and context of the trust. “For trusts not yet pooling GAG but intending to, the change is motivated
by a desire for financial stability, equal opportunities, and strategic growth considerations.” Will Jordan, Co-Founder of IMP Software, said: “This report is valuable in highlighting shared learning from, and case studies of, trusts around consul- tation, piloting and implementation of their chosen funding allocations, as well as their own reflections of the process undertaken. “We firmly believe there is no single right answer and no one-size-fits-all
approach when it comes to pooling or centralisation. But there is a need, we think, to move beyond the ‘rob Peter to pay Paul’ view that is often associ- ated with GAG pooling, evolve perceptions around it, and provide MATs and schools with the information they need to make an informed decision on the approach that is right for their context. “We hope the intelligence shared will further inform sector-wide develop-
ments around building a strong financial and operations strategy for MATs as presented in the MAT leadership development: CEO content framework, the DfE’s Commissioning high-quality trusts guidance, and CST’s Building Strong Trusts paper.”
“
Our approach to funding allocations allows us to appropriately fund central capacity in line with trust strategic objectives, whilst providing schools with fair funding according to ICFP and other objective metrics. Then if there are areas we need to target for additional resource we have the flexibility to do that also. It enables more judicious funding allocations across our schools that supports our trust-wide strategies.”
6-10 school MAT CEO
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www.education-today.co.uk
March 2024
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