Issue - meetings

Forward Plan Ref: 2011/166

Contact: Simon Pickard, Children, Education & Families Business Partner Tel: (01865) 797512

Report by Interim Director for Children, Education & Families (CMDSI5).

Oxfordshire’s Fair Funding Formula for schools has not been fundamentally reviewed or changed in the 20 years since it was introduced. The last significant formula change was the delegation of the Statementing budget introduced in 2006-07. Cabinet previously agreed in May 2009  that a strategic review should be undertaken. This review commenced in April 2010 and has been fully supported by Schools Forum with representatives of Schools Forum on both the Project Board and the Project Working Group.

The report seeks approval of the proposed changes to the Fair Funding Formula for Oxfordshire’s schools from 1 April 2012.

The Cabinet Member for Schools Improvement is RECOMMENDED to:

(a)                Consider the recommendations made by Schools Forum at their meeting of 1 February 2012; and

(b)                approve the changes to the school funding formula for 2012-13 as summarised at paragraph 7 above.

to approve the changes to the school funding formula for 2012-13 as referred to at paragraph 7 in the report submitted and detailed in the accompanying papers.