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<p>Wakefield City Academies Trust is taking a trust-wide perspective of its finances,
which many academy trusts do. The department is working to ensure all 21 academies
transfer to incoming trusts in a way that secures the financial future for each school
and the education of their pupils. All 21 academies will transfer to their new trusts
with a balanced budget position, enabling incoming trusts to give each school a fresh
start. To support this, the department is providing appropriate funding to the incoming
trusts to improve pupil outcomes. The academies will be moving to a much more financially
secure environment, and will be receiving excellent support from trusts with proven
track records.</p>
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