We the undersigned petition the governors of St Peters and St Pauls to reject the proposed Lincoln Academy Idea. In order to sign, let's look at some of the myths - Is it true that Academy schools get more money than others? The Government says that “becoming an academy should not bring about a financial advantage or disadvantage to a school”. Academies receive annual funding for their running costs based on the local authority funding formula for schools. They also receive an additional grant in respect of the LA’s spending on services to schools. Academies still need these services. They will not necessarily be better off, because these services may cost them as much or more, whether they buy them from LAs or elsewhere. Academies may not benefit from the economies of scale that the LA can offer. They are at the mercy of private companies currently offering loss-leader prices which could rise significantly in the future. For more information email liam-young@live.co.uk

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