Decision details

Dedicated Schools Budget and Schools Funding Formula 2021/22

Decision Maker: Cabinet

Decision status: Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The Cabinet will be provided with an update on the school funding position in the light of the new funding regime and asked to approve the school funding formula for 2021/22.

Decision:

(i)  Note the indicative allocation of Dedicated Schools Grant for 2021/22 as set out in section 2 of the report;

 

(ii)  Approve the 2021/22 strategy for the Schools Block as set out in section 3 of the report;

 

(iii)  Approve the proposed principles for the design of the Local Schools Funding Formula as set out in section 4 of the report, subject to consultation with schools and (vi) below;

 

(iv)  Note the allocated funding and strategy for the High Needs Block as set out in section 5 of the report;

 

(v)  Note the allocated funding and strategy for the Central Services Block as set out in section 6 of the report; and

 

(vi)  Delegate authority to the Director of People and Resilience, in consultation with the Chief Financial Officer, the Schools Forum and the Cabinet Member for Educational Attainment and School Improvement, to approve the final 2021/22 school funding formula for submission to the Education and Schools Funding Agency.

 

Report author: Katherine Heffernan

Publication date: 16/12/2020

Date of decision: 15/12/2020

Decided at meeting: 15/12/2020 - Cabinet

Effective from: 24/12/2020

Accompanying Documents: