Issue - meetings

Formal Approval of Early Years Funding Formula 2026/27

Meeting: 24/02/2026 - Delegated Decisions by Cabinet Member for Children and Young People (Item 6.)

6. Formal Approval of Early Years Funding Formula 2026/27 pdf icon PDF 223 KB

Cabinet Member: Children & Young People

Forward Plan Ref: 2026/015

Contact: Jane Billington, Strategic Finance Business Partner (Jane.Billington@oxfordshire.gov.uk)

 

Report by Director of Children’s Services (CMDCEYP6). 

 

The Cabinet Member is RECOMMENDED to

 

a)    Pass the funding increase received by Oxfordshire onto providers (after allowing for centrally retained funding per Department of Education (DfE) criteria) and approve the 2026-27 Early Years funding formula for 3- and 4-year-old provision with an underlying hourly rate of £6.04 (excluding the supplements, SEN Inclusion Fund and Contingency).

 

b)    Pass the funding increase received by Oxfordshire onto providers (after allowing for centrally retained funding per Department of Education (DfE) criteria) and approve the 2026-27 Early Years funding formula for 2-year-old working parent provision at an hourly rate of £8.29.

 

c)    Pass the funding increase received by Oxfordshire onto providers (after allowing for centrally retained funding per Department of Education (DfE) criteria) and approve the 2026-27 Early Years funding formula for 2-year-olds of families receiving additional support at an hourly rate of £8.29.

 

d)    Pass the funding increase received by Oxfordshire onto providers (after allowing for centrally retained funding per Department of Education (DfE) criteria) and approve the 2026-27 Early Years funding formula for 9 Months to 2-year-old provision at an hourly rate of £11.33.