Decision details

Education Funding Settlement And Local Formula For 2014/15 (LLA6)

Decision Maker: Executive

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To consider the Schools Forum recommendation on changes to the local formula and approve the formula for implementation in 2014/15

Decision:

The Executive Meeting considered the recommendations of Schools Forum on revisions to the local formula to be used to determine individual budgets for Stockport schools for 2014/15 and agreed that:-

 

·         the Education Funding Settlement for 2014/15 be noted.

·         approval be given to the amendment of the local formula for 2014/15 as outlined in 6.2 of the report and summarised in the table in 7.2, which will form the basis of the calculation of school budgets and be notified to the Department for Education in accordance with statutory requirement.

Alternative options considered:

None

Interests and Nature of Interests Declared:

None

Reason Key: Affects 2 or more wards;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: None

Decision Reference: ED1584

Forward Plan Reference: LLA6

Other reasons / organisations consulted

Schools - Head teachers, Governing Body's, Governors
Schools Forum

Contact: Simon Finch, Corporate and Support Services Email: simon.finch@stockport.gov.uk Tel: 0161 474 4019 Steve Houston, Corporate Director for Corporate and Support Services Email: steve.houston@stockport.gov.uk Tel: 0161-474-4000.

Report author: Simon Finch

Publication date: 12/02/2014

Date of decision: 11/02/2014

Decided at meeting: 11/02/2014 - Executive

Accompanying Documents: