Decision details
Education Funding Settlement and Local Formula 2019/20 (Non-Key)
PDF 58 KBDecision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To update the Cabinet on the key announcements
made by the Department for Education (DfE) on the education funding
settlement for 2019/20.
To approve the local funding formula models to be used to determine
the individual 2019/20 budgets for early years providers and
schools in Stockport.
Decision:
The Cabinet considered an update on key announcements made by the Department for Education on the education funding settlement for 2019/20 and proposals for the local funding formula models to be used to determine the individual 2019/20 budgets for early years providers and schools in Stockport and agreed that:-
(1) the details of the Education Funding Settlement for 2019/20 be noted.
(2) the construction of the early years budget as per section 4.5 of the report and the updated 2019/20 local funding formula for schools as detailed in the table(s) in section 7.2 be approved to form the basis of the calculation of school budgets and be notified to the Department for Education 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: CAB153
Declarations or conflicts of Interest: None
Other reasons / organisations consulted
Consultation undertaken with school governing
bodies in autumn 2017 relating to local formula funding to be
applied from April 2018 was on basis of budget structure / key
elements of local formula applied for 2 years (i.e. including
2019/20)
Contact: Peter Hughes, Corporate and Support Services Email: peter.hughes@stockport.gov.uk Tel: 0161 474 3947.
Report author: Peter Hughes
Publication date: 07/02/2019
Date of decision: 05/02/2019
Decided at meeting: 05/02/2019 - Cabinet
Effective from: 14/02/2019
Accompanying Documents: