Free Arbor Insight Academies Financial Benchmarking reports available now!

Rebecca Watkins - 20 December, 2018

Category : Blog

Free Arbor Insight Academies Financial Benchmarking reports available now!

We’ve just released our Arbor Insight 2016/17 Academies Financial Benchmarking report. All schools that academised before September 2016 will now be able to log in to their free Insight portal and download their newest Financial Benchmarking report! You can use your Financial Benchmarking report in governors meetings, financial planning meetings and to improve next year’s

We’ve just released our Arbor Insight 2016/17 Academies Financial Benchmarking report. All schools that academised before September 2016 will now be able to log in to their free Insight portal and download their newest Financial Benchmarking report!

You can use your Financial Benchmarking report in governors meetings, financial planning meetings and to improve next year’s school budget. We calculate specific benchmarks in your Financial Benchmarking report to give your data context and enable your budget plans to be effective and realistic. Your report benchmarks your school against schools ‘like you’, ‘Schools in your LA’ and the ‘national average’.

(Image 1: AFB report page on the breakdown spend of an example school)

 

Frequently Asked Questions about our Financial Benchmarking reports:

 

How did you derive my LA and National averages?

We’ve benchmarked your school on a variety of measures to allow you to analyse your budget in a wider context. We only compared your School to the averages for other primary, secondary, or special schools (depending on your school type),  to make the comparisons in the report more meaningful. After all, a primary academy’s spend is different from a secondary academy’s, which is different from a special academy. An average that included all three would be misleading.

What is a school ‘like me’?

We created the schools ‘like you’ measure to give you the most meaningful comparison for your School. First, we filtered by schools of your type (primary, secondary, or special) for the reasons mentioned above. Then, we filtered by schools who were inside/outside London as this changes your cost structure. Next we filtered by size, ensuring that your school is compared to schools with a similar number of students. Finally we took your FSM, SEN and EAL data, weighted them based on the size of the attainment gaps at KS2, and combined them into a baseline score to find schools with similar demographic intakes to your School.

For example, if you’re a large rural secondary school with a lot of FSM students, your spending in each area will be benchmarked against other large rural secondary schools with a lot of FSM students. The schools ‘like you’ measure helps you account for your specific circumstances and understand why your spending might be above or below average.  

(Image 2: AFB report page showing staff expenditure)

For each spend and income measure, your Arbor Insight Academies Financial Benchmarking report will show how much you spent as a whole, as a percent of your total spend and per pupil. We add detailed analysis to all of your graphs so you can quickly see the headlines for each measure.

(Image 3: AFB report page showing three year trends and easy-to-understand text callouts)

Our 2017/18 Schools Financial Benchmarking report will be released early next term. If you have pre-ordered this report you will receive an email from us as soon it is released, and you can then download it from your portal.

 

If you’re a current user, you can log in to view your updated dashboards and reports immediately here: https://login.arbor.sc/auth/login

If you don’t already use Arbor Insight, click here to sign up for your free portal & view your performance dashboards & KS4 reports: https://login.arbor.sc/auth/register