Issue - meetings
Formal Approval of School Funding Formula for 2016-2017
Meeting: 18/01/2016 - Delegated Decisions by Cabinet Member for Children, Education & Families (Item 21)
21 Formal Approval of School Funding Formula for 2016-2017 
PDF 86 KB
Forward Plan Ref: 2015/111
Contact: Gillian McKee, Finance Business Partner (Children, Education & Families) Tel: (01865) 323920
Report by Director for Children’s Services (CMDCEF5).
The final funding formula for schools and academies for 2016-2017 needs to be formally approved politically before submission to the DfE by 21 January. Schools Forum has been consulted in development of the funding formula for 2016-17 as a statutory consultee, but the decision on the final formula is made by the local authority, after considering Schools Forum views.
The Cabinet Member for Children, Education & Families is RECOMMENDED to approve the final funding formula for 2016-17.
Additional documents:
- CMDCEF_JAN1816R05 - Funding formula - Annex 1, item 21
PDF 79 KB
- Paper3-DedicatedSchoolsGrant(DSG)andPressures2016-17 - background paper, item 21
PDF 63 KB
- Paper4-NationalFundingFormulaandFundingChanges2016-17includingCentralOverheads - background paper, item 21
PDF 342 KB
Decision:
to confirm approval of the final school funding formula, as agreed at the Schools Forum meeting on 13 January – Option 1 if Secretary of State supports the local authority request, or Option 2 if Secretary of State supports Schools Forum and reduces the DSG contribution to central overheads.