Decision details

Education Funding Settlement and local formula 2016/17 (Non-Key)

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To update the Executive on the key announcements made by the Department for Education (DfE) on the education funding settlement for 2016/17.

To approve the local formula to be used to determine individual budgets for Stockport schools for 2016/17 in line with the two year phased change agreed last year by the Executive.


Decision:

The Executive considered and noted the Education Funding Settlement for 2016/17 and approved an amendment of the local formula for 2016/17 as outlined in 5.2 of and summarised in the table in 7.2 of the report, to form the basis of the calculation of school budgets and that the Department for Education be notified in accordance with statutory requirements.

Alternative options considered:

None

Wards Affected: (All Wards);

Decision Reference: ED1794

Declarations or conflicts of Interest: None

Other reasons / organisations consulted

Schools, Governors, Schools Forum and Scrutiny

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

Publication date: 17/02/2016

Date of decision: 16/02/2016

Decided at meeting: 16/02/2016 - Executive

Effective from: 24/02/2016

Accompanying Documents: