Issue - meetings

To consider a report of the Cabinet Member for Children, Family Services & Education.

This report provides an update on the key announcements made by the Department for Education (DfE) on the education funding settlement for 2022/23 and provides information relating to the local funding formula models to be used to determine the individual 2022/23 budgets for early years providers and schools in Stockport.

The Cabinet is recommended 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.

Officer contact: Peter Hughes on 0161 474 3947 or email:  peter.hughes@stockport.gov.uk

The Cabinet Member for Children Family Services & Education (Councillor Colin Foster) submitted a report (copies of which had been circulated) updating the Cabinet on key announcements made by the Department for Education on the education funding settlement for 2022/23 and inviting the Cabinet to consider the local funding formula models to be used to determine the individual 2022/23 budgets for early years providers and schools in Stockport.

RESOLVED - (1) That the details of the Education Funding Settlement for 2022/23 be noted.

(2) That approval be given to 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.

To consider a report of the Director of Children’s Services.

This report provides an update on the key announcements made by the Department for Education (DfE) on the education funding settlement for 2022/23 and provides information relating to the local funding formula models to be used to determine the individual 2022/23 budgets for early years providers and schools in Stockport.

The Scrutiny Committee is recommended to comment on and note the report.

Officer contact: Peter Hughes, 0161 474 3947, peter.hughes@stockport.gov.uk

The Director of Children’s Services submitted a report (copies of which had been circulated) providing an update on the key announcements made by the Department for Education (DfE) on the education funding settlement for 2022/23 and provides information relating to the local funding formula models to be used to determine the individual 2022/23 budgets for early years providers and schools in Stockport.

The Cabinet Member for Children, Family Services and Education (Councillor Colin Foster) attended the meeting to respond to questions from the Scrutiny Committee.

Clarification was sought relating to the views of the schools and the School’s Forum regarding the 2022/23 funding settlement and budgets. In response, it was noted that the school leaders were pleased with the settlement and that the additional funding would deal with cost pressures. It was also noted that the School’s Forum had not yet considered the information as the information was still going through the internal governance processes and would be presented to its next meeting.

RESOLVED – That the report be noted.