The rate fell by over 20% across London between 2012 and 2023 and this means less government funding because funding is linked to pupil numbers.
There are around 4,000 vacancies across the borough’s primary schools, with school deficits due to increase further in coming years.
Under the new proposals, schools will be able to apply for a ‘Licensed Deficit Scheme.’
It will allow them to run a temporary deficit, which would be conditional on submitting a credible three-year sustainability plan.
Commenting on the announcement, Cllr Mosley, Cabinet Member for Finance, said “Schools across London are facing the same financial challenge. Here in Hounslow, we’re taking decisive action now to allow our schools to become sustainable over the long-term.
“Our intervention will give schools the breathing space they need to help balance their budgets. As a Council, we will be there to support those schools through every stage of that process, giving them the help they need to address the challenges they face.
“Our approach is to act now to save later. By doing so, we believe we can help the brilliant schools in our borough to get back on a sustainable footing.”
Councillor Asim, Cabinet Member for Children and Young Futures added “We should be really proud of the schools in our borough. That is down to the skill, dedication and commitment of teachers and governors.
“Like schools across the capital, however, they face a significant demographic challenge.
“We will not compromise on the quality of our schools. That is why we are putting forward these proposals, to put schools across our borough on the path to long-term stability.”
