The Centre for Justice Innovation undertook a financial analysis of the London FDAC in 2015. The research demonstrates that FDACs save money for the taxpayer as well as being a better way to help children be cared for safely by their parents.
The report shows that savings generated by the London FDAC in 2014/15 exceeded the cost of the service within two years of the start of the case and for each £1 spent, £2.30 was saved.
Over five years the net financial saving relating to the London FDAC in 2014/15 caseload was some £729,000, which equates to £15,850 per case on average.
Value for money of FDAC
Across the 2014/15 caseload, the London FDAC worked with 46 families at a cost of £560,000 (in respect of specialist staff, office costs etc.) and generated estimate gross savings of £1.29m to public sector bodies over five years.