Decision details
Education Funding Settlement and local formula 2017/18 (non-key)
PDF 62 KBDecision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
To update the Executive on the key
announcements made by the Department for Education (DfE) on the
education funding settlement for 2017/18.
To approve the local formula to be used to determine individual
budgets for Stockport schools for 2017/18.
Decision:
The Executive considered key announcements made by the Department for Education on the education funding settlement for 2017/18, and the views of the Schools Forum and agreed that:-
(1) the details of the Education Funding Settlement for 2017/18 be noted;
(2) the amended early year’s local formula for 2017/18 as outlined in section 4.2 and summarised in the table in 7.2 of the report be approved; and,
(3) the continuation of the schools’ local funding formula at 2016/17 funding factor levels as outlined at section 4.9 and summarised in the table at section 7.2 of the report 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
Wards Affected: (All Wards);
Equality and/or Environmental Impact Assessment: N/A
Decision Reference: ED1879
Declarations or conflicts of Interest: Councillors Kate Butler, Colin Foster, Tom McGee and Wendy Wild declared personal interests as School Governors.
Other reasons / organisations consulted
Schools, Governors, Schools Forum
Contact: Peter Hughes, Corporate and Support Services Email: peter.hughes@stockport.gov.uk Tel: 0161 474 3947.
Report author: Peter Hughes
Publication date: 08/02/2017
Date of decision: 07/02/2017
Decided at meeting: 07/02/2017 - Executive
Accompanying Documents: