Issue - meetings
Formal Approval of Schools Funding Formula 2026/27
Meeting: 03/02/2026 - Delegated Decisions by Cabinet Member for Children and Young People (Item 5.)
5. Formal Approval of Schools Funding Formula 2026/27 
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Cabinet Member: Children & Young People
Forward Plan Ref: 2026/014
Contact: Jane Billington, Strategic Finance Business Partner – Children’s Services (Jane.Billington@oxfordshire.gov.uk)
Report by Director of Children’s Services (CMDCEYP5).
The final funding formula for schools and academies for 2026/27 needs to be formally approved politically for submission to the DfE for setting mainstream schools’ budgets for the 2026/27 financial year.
The Cabinet Member is RECOMMENDED to:
a) Approve the final funding formula for 2026/27 for submission to Department for Education (DfE).