Issue - meetings

SCHOOLS FORMULA FUNDING - NATIONAL DATA

Meeting: 21/05/2015 - Schools Forum (Item 12)

12 Schools Formula Funding - National Data pdf icon PDF 58 KB

To consider a report of the Corporate Director for Corporate and Support Services.

The report provides details of all local schools funding formula applied by the 152 local authorities in the country.

Schools Forum members are asked to note the report.

Officer Contact: Peter Hughes on 0161 474 3947 or email peter.hughes@stockport.gov.uk.

Additional documents:

Minutes:

A representative of the Corporate Director for Corporate and Support Services submitted a report (copies of which had been circulated) detailing the latest information released by the Department for Education (DfE) regarding all local authorities 2015/16 schools local formula funding models implemented.

The Local Authority submitted their formula for allocating dedicated schools grant (DSG) schools block funding for 2015-16 to schools in the borough in January 2015 to the Education Funding Agency. The DfE released an analysis of Local Authorities’ schools block funding formulae 2015/16 in March 2015 which could be used a way of benchmarking the Local Authority’s local formula funding models.

The following comments were made/issues raised:-

 

·         There were no plans to review the formula in 2015 as it had been implemented in autumn 2014 for a 2 year period;

·         The Local Authority had used data from the previous formula submission to inform the 2015/16 formula;

·         Stockport allocated £334 per pupil under the looked-after children factor, which was in the lowest category.

 

RESOLVED – (1) That the report be noted.

(2) That the Corporate Director for Corporate and Support Services be requested to investigate which other authorities allocated more to the looked-after children factor and the reasons for this.