Issue - meetings

Update on the National Funding Formula and the Schools Financial Consultation

Meeting: 06/12/2017 - Children & Families Scrutiny Committee (Item 5)

5 Update on the National Funding Formula and the Schools Financial Consultation pdf icon PDF 66 KB

To consider a report of the Corporate Director for People.

 

The report provides an update on the National Funding Formula (NFF) and the Stockport Schools’ Financial Consultation.

 

The Scrutiny Committee are invited to consider and comment on the report.

 

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

Additional documents:

Minutes:

A representative of the Corporate Director for People submitted a report (copies of which had been circulated) providing an update on the National Funding Formula (NFF) and the Stockport Schools’ Financial Consultation.

 

The following comments were made/issues raised:-

·         The Stockport DSG Schools’ block funding allocation for 2018/2019 would be determined via the application of the new NFF model to be implemented from April 2018. A “soft” approach basis for both 2018/2019 and 2019/2020 would be adopted.

·         In all Schools’ Funding Formula matters for 2018/2019 and 2019/2020 the Local Authority would remain responsible for proposing any amendments and also the final decision of the model to be implemented.

·         Councillors noted that an update would be provided in the New Year.

 

RESOLVED – That the report be noted.