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<p>All local authority maintained schools report their balances to the Department
for Education as part of their annual Consistent Financial Reporting returns. Some
schools have deficit balances; others have surpluses. The table below shows total
deficits and surpluses and the net position for all local authority maintained schools
for each financial year from 2006-07 to 2013-14.</p><p> </p><table><tbody><tr><td><p><strong>Period</strong></p></td><td><p><strong>Total
deficit (£)</strong></p></td><td><p><strong>Total surplus (£)</strong></p></td><td><p><strong>Net
Reserves (£)</strong></p></td></tr><tr><td><p>2006-07</p></td><td><p>(157,355,905)</p></td><td><p>1,827,554,781</p></td><td><p>1,670,198,876</p></td></tr><tr><td><p>2007-08</p></td><td><p>(120,094,299)</p></td><td><p>2,038,862,929</p></td><td><p>1,918,768,630</p></td></tr><tr><td><p>2008-09</p></td><td><p>(139,185,467)</p></td><td><p>1,921,159,168</p></td><td><p>1,781,973,701</p></td></tr><tr><td><p>2009-10</p></td><td><p>(161,418,942)</p></td><td><p>1,826,696,816</p></td><td><p>1,665,277,874</p></td></tr><tr><td><p>2010-11</p></td><td><p>(143,478,858)</p></td><td><p>2,098,926,882</p></td><td><p>1,955,448,024</p></td></tr><tr><td><p>2011-12</p></td><td><p>(109,936,775)</p></td><td><p>2,433,469,804</p></td><td><p>2,323,533,029</p></td></tr><tr><td><p>2012-13</p></td><td><p>(81,190,825)</p></td><td><p>2,306,144,774</p></td><td><p>2,224,953,949</p></td></tr><tr><td><p>2013-14</p></td><td><p>(75,947,088)</p></td><td><p>2,260,316,153</p></td><td><p>2,184,369,065</p></td></tr></tbody></table><p><em>Source:
Consistent Financial Reporting survey</em></p>
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