Decision details

Schools Funding Settlement and Local Funding Formula 2021/22 (CFS&E4)

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Provides detail of the Education Funding Settlement for 2021/22; and seeks approval of the updated local early years and schools funding formula models to be applied from April 2021.

Decision:

The Cabinet considered an update on key announcements made by the Department for Education on the education funding settlement for 2021/22 and has agreed to:-

 

(i)            Note the details of the Education Funding Settlement for 2021/22.

(ii)               Approve the construction of the early year’s budget as per section 3.1 to 3.2 and the updated 2021/22 local funding formula for schools as detailed in the table(s) in section 6.2 which will form the basis of the calculation of school budgets and be notified to the DfE in accordance with statutory requirements.

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: CAB278

Declarations or conflicts of Interest: None.

Forward Plan Reference: CFS&E4

Other reasons / organisations consulted

Formal consultation undertaken with all school governing bodies on LA proposals/plans during autumn 2020

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

Report author: Peter Hughes

Publication date: 10/02/2021

Date of decision: 09/02/2021

Decided at meeting: 09/02/2021 - Cabinet

Effective from: 17/02/2021

Accompanying Documents: