Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Cabinet considered a report on the School and Early Years Funding Formula for 2021/22.
That Cabinet approves:
1. the Schools Funding Formula:
(a) The use of a funding formula that uses the national funding formula factors with any additional funding being allocated via the basic entitlement.
(b) The transfer from the schools block to the high needs block of up to 0.5% to assist with pressures if the Council’s application to the Department for Education is successful.
(c) The use of +0.5% as the minimum funding guarantee percentage. Meaning that individual school funding levels should increase by +0.5% compared to the 2020/21 level (subject to the items included in minimum funding guarantee protection) and excluding pupil number changes.
(d) The Growth Fund at £0.8m.
2. the Early Years Funding Formula:
(a) The continued use of the current funding formula and agrees to increase the hourly rates by the same percentage increase as the increased funding from the Department for Education.
(b) The use of summer 2019 rather than summer 2020 patterns of attendance to determine the level of deprivation funding from April 2021.
(c) The new funding rates. The rates for 2020/21 are shown at Appendix 4 to the report and the proposed rates for 2021/22 are set out at Appendix 5.
(d) Delegated authority to the Director of Prevention & Early Help to enter into revised contracts with providers in accordance with the Department for Education funding increase.
3. the request for the Leader of the Council to write to the Secretary of State to raise concerns over the impact of the national funding formula on small and rural schools.
Publication date: 10/02/2021
Date of decision: 02/02/2021
Decided at meeting: 02/02/2021 - Cabinet
Effective from: 18/02/2021