Decision details

Schools Funding Settlement and Local Funding Formula 2020/2021 (Non-Key)

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To provide details of the 2020/21 Schools Funding Settlement and seek approval of the construction of the local funding formula model used to determine individual school delegated budget allocations

Decision:

The Cabinet considered an update on key announcements made by the Department for Education on the education funding settlement for 2020/21 and proposals for the local funding formula models to be used to determine the individual 2020/21 budgets for early years providers and schools in Stockport and agreed that:-

 

·         the details of the Education Funding Settlement for 2020/21 be noted; and

·         the construction of the early year’s budget as defined at section 4.2 to 4.3 of the report and the updated local schools funding formula model as outlined in section 4.4 to 4.6 and summarised in the tables provided at section 7.2 of the report be approved.

Alternative options considered:

None.

Reason Key: Affects 2 or more wards;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: n/a

Decision Reference: CAB214

Declarations or conflicts of Interest: None.

Other reasons / organisations consulted

via Schools Forum

Contact: Peter Hughes, Corporate and Support Services Email: peter.hughes@stockport.gov.uk Tel: 0161 474 3947.

Report author: Peter Hughes

Publication date: 05/02/2020

Date of decision: 04/02/2020

Decided at meeting: 04/02/2020 - Cabinet

Effective from: 12/02/2020

Accompanying Documents: