Family savings calculator
The Family Savings Calculator is a tool developed by the Department for Education
(Families with Multiple Problems Division) to help local authorities who are managing
intensive support services for families with multiple problems, to quantify the
cost benefits saved by services and agencies from a family at risk undergoing and
completing an intensive intervention.
Local authorities worked with the Department for Education to develop the Family
Savings Calculator. The results suggest annual savings of tens of thousands of pounds
for authorities and society at large. Data from 27 authorities was collected and
used to estimate net costs, savings and who benefited. From a sample set of 129
families/cases run through the Calculator, the average total cost avoidance or estimated
annual saving resulting from a family successfully completing an intensive intervention
ranged between £62,000 and £75,000, depending on the cost of the intervention. Of
this amount, around £20,000 saving was attributed to the local authority itself.
Given how these costs can accumulate, the potential for long-term savings for both
authorities and wider society are considerable.
© Crown copyright 2011
This material must be acknowledged as Crown copyright and the title of the document
specified. Where we have identified any third party copyright material you will
need to obtain permission from the copyright holders concerned.
For any other use of this material please contact the Department for Education,
Families with Multiple Problems Division, Sanctuary Buildings, Great Smith Street,
London SW1P 3BT or e-mail:
familyinterventions.mailbox@education.gsi.gov.uk.
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