Opposition MLA, Mr McCarthy, said: “This report hammers home the fact that local children are being grossly underfunded by government.
“The Executive must address this underfunding and look at new ways of freeing-up cash to ensure that better services are provided to our children.
“We have underfunding across the board and local people are suffering because so much cash is wasted on keeping Northern Ireland a segregated society.
“An Alliance Party study has shown that one billion pounds is wasted every year on segregation. This cash is wasted on keeping unnecessary duplicated services and segregated schools. If we worked towards creating shared services and integrated schools we could start freeing-up this one billion pounds annually.”