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The table below shows the value of the core schools budget each year since 2015-16:<\/p>
Year<\/strong><\/p><\/td> Core schools budget (in billions of pounds)<\/strong><\/p><\/td><\/tr> 2015-16<\/strong><\/p><\/td> 39.6<\/p><\/td><\/tr> 2016-17<\/strong><\/p><\/td> 40.1<\/p><\/td><\/tr> 2017-18<\/strong><\/p><\/td> 40.9<\/p><\/td><\/tr> 2018-19<\/strong><\/p><\/td> 42.4<\/p><\/td><\/tr> 2019-20<\/strong><\/p><\/td> 43.5<\/p><\/td><\/tr> 2020-21<\/strong><\/p><\/td> 47.6<\/p><\/td><\/tr> 2021-22<\/strong><\/p><\/td> 49.8<\/p><\/td><\/tr> 2022-23<\/strong><\/p><\/td> 52.2<\/p><\/td><\/tr><\/tbody><\/table> <\/p> The figures for 2020-21 to 2022-23 include the £1.5 billion per year that the Department will provide to fund additional pension costs for teachers.<\/p> Changes to the school funding system mean that the Department does not have comparable figures for years before 2015-16.<\/p> <\/p> |