Decision details

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 2020/21.

Cabinet resolved to:

(i)  Note the latest position on the national Education Funding Reform and the expected implications for Barking and Dagenham, as set out in section 2 of the report;

(ii)  Approve the 2020/21 strategy for the Schools Block as set out in section 3 of the report;

(iii)  Agree, subject to consultation with schools and (iv) below, to adopt the proposed model as the method for allocating school funding in 2020/21, as set out in section 4 and Appendix A of the report;

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

(v)   Approve, subject to final confirmation of Early Years funding, the increased hourly rates for two, three and four-year olds 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 Operating Officer, the Schools Forum and the Cabinet Member for Educational Attainment and School Improvement, to approve the final 2020/21 school funding formula submission to the Education Funding Agency.