Three schools had a deficit
A small number of schools in Peterborough could not balance their books, according to the latest data from the Ministry of Education.
Of In the schools run by the city administration, three had a deficit budget in the financial year 2016/2017, and two more from 2014/15.
Academies and free schools do not have to report their finances in the same way. If a school can not balance its books, it must inform the community.
A spokesman for the council said one of the schools has regained its deficit position and the other two have deficit recovery plans. He said the city council had reached an agreement that he would not list schools without their permission in press releases. "The three schools in question have confirmed that they do not want to be named."
Cllr Lynne Ayres, Cabinet Member of the Ministry of Education, said: "The City Council is actively working with schools (except independent academies) to oversee their finances as part of their budgeting process.
" Schools in the city have been in the last few years Over the years, a number of challenges have been tackled, including rising student numbers and a cut in funding from the central government.
"When a school runs into financial difficulties, we work with them to create a three-year deficit recovery plan and make every effort to improve the situation."
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