Majority of state schools only have their income from either the local authority or the trust they are part of, so yeah, reduced funds. Its how the majority of recent money for pay rises has been expected to be funded.
Couple this with up till just very recently rampant SLT and trust salaries consuming ever more money from a limited pot and you have why schools have rapidly gone backwards.
ohulancutash@feddit.uk 16 hours ago
It means state funding will not increase to cover the whole of the cost increase.