Decision Maker: Cabinet Member for Schools and Learning
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To present the local authority’s schools funding formula for 2018/19.
The Cabinet Member agreed the recommendation as outlined above namely:
To approve the local authority’s schools funding formula for 2018/19 as set out in Appendix A, Local Authority Proforma 2018/19, containing the proposals developed in consultation with schools including the following aspects:
- Adopt the National Funding Formula values.
- Set a minimum funding guarantee of 0.5%.
- Transfer 0.5% of the total Schools Block funding to the High Needs Block.
- Set the mobility factor unit value at £624.
Set the capping and scaling levels at 0.97% and 100% respectively in order to facilitate moving to the national funding formula and ensure that the formula is affordable overall.
Publication date: 08/02/2018
Date of decision: 08/02/2018
Effective from: 14/02/2018
Accompanying Documents: