Decision details

Education Funding Settlement and Local Formula for 2018/19 (Non-Key)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To provide details of the Education Funding Settlement for 2018/19; and
To seek Cabinet approval of the updated local early year's and schools formula models to be applied from April 2018

Decision:

The Cabinet considered an update on the key announcements made by the Department for Education on the education funding settlement for 2018/19 the proposed local funding formula models to be used to determine the individual 2018/19 budgets for early years providers and schools in Stockport. The Cabinet agreed that

 

(1) the details of the Education Funding Settlement for 2018/19 be noted.

 

(2)  the Early Years and Schools local funding formula for 2018/19 as outlined in sections 4.6 (early year’s), 4.11 (schools) and summarised in the table(s) in section 7.2  be approved to form the basis of the calculation of early years/school budgets and be notified to the DfE in accordance with statutory requirements.

Reason Key: Affects 2 or more wards;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: Equality and Impact assessment as part of consultation process

Decision Reference: CAB72

Declarations or conflicts of Interest: None

Other reasons / organisations consulted

Full consultation with key stakeholder groups and schools undertaken in autumn 2017

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

Report author: Peter Hughes

Publication date: 09/02/2018

Date of decision: 06/02/2018

Decided at meeting: 06/02/2018 - Cabinet

Accompanying Documents: