Issue - meetings

School Funding Formula 2014/15

Meeting: 19/11/2013 - Cabinet (Item 62)

62 School Funding Formula 2014/15 pdf icon PDF 69 KB

Minutes:

The Divisional Director of Education presented a report on the proposed formula to be applied to school funding for the 2014/15 financial year, which reflected changes from the 2013/14 formula which were required by the Department for Education and brought the ratio between primary and secondary school funding closer together in view of the particular pressures being faced in the primary sector.

 

Cabinet resolved:

 

(i)  To note the outcome of the Schools Funding Formula briefing sessions, as referred to in paragraphs 2.5 to 2.7 of the report;

 

(ii)  To note the comments of the Schools’ Forum following the presentation of the funding model options and the proposed funding model for 2014/15, as referred to in paragraphs 2.10 to 2.11 of the report; and

 

(iii)  To adopt Model 1 as the method for allocating school funding in 2014/15, as set out in paragraphs 2.8 to 2.9 of the report.