English schools raise £1.5 billion a year, says DfES
The Department for Education and Skills (DfES) reports that schools in England raise £1.5 billion a year through fundraising from parents, businesses, churches and local clubs.
The Department reports that secondary schools in England raised an average of nearly £222,000 each during 2003/04, and primary schools raised an average of £35,000 each.
As well as fundraising events, many schools generated income from letting out buildings and other facilities.
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During the same period central and local government gave £23 billion to schools in England.