Belfast Telegraph

UK Website Of The Year

Schools to get extra £20m in funds from Mervyn Storey

By Rebecca Black

Published 10/02/2016

Stormont Finance Minister Mervyn Storey
Stormont Finance Minister Mervyn Storey

The Department of Education is to receive an additional £20m to address pressures in schools, it can be revealed.

Finance Minister Mervyn Storey said the cash will be distributed in the June monitoring round.

He has emphasised the importance of a balanced budget for 2016/17 that underpins the delivery of our public services and also supports economic growth.

Mr Storey said although Northern Ireland was facing a real-term reduction in funding, it will not be as bleak as what had been originally anticipated in the Chancellor's spending review.

In the monitoring round - where surplus money from underspending across the departments is redistributed - Health will receive £133m and Education £40m.

Mr Storey said he is supportive of £20m going directly to schools.

He said: "This will be funded from the first £40m available in the next monitoring round in June. Although this allocation cannot be ratified until the incoming Executive considers its funding priorities, I am sure they, too, will recognise the importance of the skills agenda and education."

Belfast Telegraph

Read More

From Belfast Telegraph