Decision details

Schools Funding Settlement and Local Funding Formula 2022/23 (Non-Key)

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To provide details of the Schools Funding settlement 2022/23 and the proposed local funding formula models for early years and schools.

Decision:

The Cabinet considered an update on key announcements made by the Department for Education on the education funding settlement for 2022/23 and has agreed to:-

 

(1) Note the details of the Education Funding Settlement for 2022/23.

 

(2) Approve the construction of the early year’s budget as per section 3.1 to 3.2 and the updated 2022/23 local funding formula for schools as outlined in sections 3.3. to 3.5 and detailed in the table(s) in section 6.2 which will form the basis of the calculation of school budgets and be notified to the DfE in accordance with statutory requirements.

 

Alternative options considered:

None.

Interests and Nature of Interests Declared:

None.

Reason Key: Affects 2 or more wards;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: n/a

Decision Reference: CAB348

Declarations or conflicts of Interest: None.

Other reasons / organisations consulted

Schools Forum as required/appropriate

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

Report author: Peter Hughes

Publication date: 02/02/2022

Date of decision: 01/02/2022

Decided at meeting: 01/02/2022 - Cabinet

Effective from: 09/02/2022

Accompanying Documents: