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<p>The latest available revenue balances for Local Authority (LA) maintained schools
are given in the table below. They are on an accruals rather than cash accounting
basis. Equivalent figures for academies are not available as they report on academic
years ending 31 August.</p><p> </p><p><strong>Total revenue balance<sup>1</sup> as
a % of total revenue income<sup>2</sup> in LA maintained schools</strong></p><table><tbody><tr><td><p>Date</p></td><td><p>%</p></td></tr><tr><td><p>31
March 2014</p></td><td><p>6.7</p></td></tr><tr><td><p>31 March 2015</p></td><td><p>8.2</p></td></tr></tbody></table><p>Source:
Consistent Financial Reporting survey</p><p>1. A school's total revenue balance is
calculated from the combination of any unspent allocations and the cumulative balance
of income minus expenditure from revenue funding sources during the financial year
and any balances carried forward from previous years.</p><p>2. A school's total revenue
income for the year includes all revenue funding available in the year as well as
any additional income generated by the school. This does not include any revenue balances
carried forward from previous years.</p><p> </p><p>These data are published annually,
most recently in the Department’s Statistical Release LA and school expenditure: 2014
to 2015 financial year, available at: <a href="https://www.gov.uk/government/statistics/schools-education-and-childrens-services-spending-2014-to-2015"
target="_blank">https://www.gov.uk/government/statistics/schools-education-and-childrens-services-spending-2014-to-2015</a></p><p>
</p><p>Figures for 31 March 2016 will be published in December 2016.</p>
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