This article is for you if you're on the finance committee / you're the finance or data link governor, and you've been delegated responsibility to look in more detail at your school's finances.
Other governors shouldn't need to look at the financial benchmarking website, but might still find this article helpful to understand how the finance committee/link governor carries out this kind of scrutiny.
What is financial benchmarking?
Financial benchmarking is when you compare your school's finances with other, similar schools.
It's crucial data to ask senior leaders about, to hold them to account and to help monitor your school's finances.
FFT Education Datalab also has a benchmarking service where you can compare things such as workforce data and income per pupil Academies can also use 'view my financial insights' (VMFI) to compare their data with similar academies Head over to The Hoot to