Northwood Primary School is due to become an academy from April 1.
THE Isle of Wight Council is facing a £400,000 shortfall in next year's education budget, as more schools seek to become academies.
The authority receives £101 less per academy pupil, and the shortfall is likely to have an impact on the school services it provides.
Northwood Primary School is due to become an academy from April 1 and Lanesend Primary School, Cowes, is consulting on becoming an academy from September 1. It is also expected Cowes Enterprise College and Shanklin CE Primary School will become academies during the 2013/14 academic year because they have been placed in special measures by Ofsted.
Chief executive Steve Beynon said the council's budget was built on the basis that all the named schools would become academies from September 1, and said there there would be a £400,000 gap compared to the current spend.
He warned: "As more schools become academies, there will be a point where the council will only be able to provide core services, such as admissions and transport. The question is how lean these core services will be."