Independent review of reported CSR07 value for money savings

Download or read book Independent review of reported CSR07 value for money savings written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2010-07-20 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Autumn 2009, the Department for Education (formerly the Department for Children, Schools and Families) reported it had achieved savings of some £1.017 billion between 2007 and 2009. The NAO examined reported savings, mainly in the schools sector, which totalled £591 million, some 58 per cent of the reported total savings. The NAO rated 9 per cent (£55 million) as sustainable (green), 89 per cent (£523 million) as savings but with some uncertainty (amber) and 2 per cent (£13 million) as overstated (red). This report accompanies the broader NAO progress report on VFM savings (HC 291, 9780102965391)