Issue - meetings

To consider a joint report of the Executive Councillors (Corporate, Customer & Community Services) and (Lifelong Learning & Achievement).

The Executive Councillor (Corporate, Customer & Community Services) (Councillor Mark Weldon) submitted a report (copies of which had been circulated) outlining key announcements made by the Department for Education on the education funding settlement for 2014/15 and detailing the local formula to be used to determine individual budgets for Stockport schools for 2014/15.

RESOLVED – (58 for) That the Education Funding Settlement and Local Formula for 2014/15 be noted.

To consider a joint report of the Executive Councillors (Corporate, Customer & Community Services) and (Lifelong Learning & Achievement)

The report details recommendations made by the Schools Forum in relation to the local schools funding formula and seeking approval of revisions to the local formula to be used to determine individual budgets for Stockport schools for 2014/15. The report also provides an update on the key announcements made by the Department for Education (DfE) on the education funding settlement for 2014/15.

The Executive is asked to:

(i)        Note the details of the Education Funding Settlement for 2014/15.

(ii)       Approve the amendment of the local formula for 2014/15 as outlined in 6.2. of the report and summarised in the table in 7.2, which will form the basis of the calculation of school budgets and be notified to the DfE in accordance with statutory requirements.

(Note: this decision is exempt from call-in)

Officer contact: Steve Houston/ Simon Finch, 0161 474 4000/ 4019, steve.houston@stockport.gov.uk / simon.finch@stockport.gov.uk

A joint report of the Executive Councillors (Corporate, Customer & Community Services) and (Lifelong Learning & Achievement) was submitted (copies of which had been circulated) inviting the Executive Meeting to consider revisions to the local formula to be used to determine individual budgets for Stockport schools for 2014/15. The proposed changes had been considered by the Schools Forum and their recommendation was set out in the report. The report also provided an update on the key announcements made by the Department for Education on the education funding settlement for 2014/15.

RESOLVED – (1) That the Education Funding Settlement for 2014/15 be noted.

(2) That the amendment of the local school funding formula for 2014/15 as outlined in 6.2 of the report and summarised in the table in 7.2, which would form the basis of the calculation of school budgets and be notified to the Department for Education in accordance with statutory requirements, be approved.