Issue - meetings

School Funding Formula 2015/16

Meeting: 18/11/2014 - Cabinet (Item 56)

56 School Funding Formula 2015/16 pdf icon PDF 44 KB

Minutes:

The Cabinet Member for Education and Schools reported on the proposed allocation of funding to schools for 2015/16.

 

The Cabinet Member referred to the main issues that had been discussed by the Schools Forum during the consultation and commented that the preferred option, Model B, represented the fairest approach.  It was noted, however, that the Schools Forum was to undertake further analysis work in respect of the Dedicated Schools Grant (DCG) funding block prior to the submission deadline to the Education Funding Agency (EFA).

 

Cabinet resolved to:

 

(i)  Note the outcome of the School Funding Formula briefing sessions at the Schools’ Forum, as referred to in paragraphs 2.5 to 2.6 of the report;

 

(ii)  Agree to adopt Model B as the method for allocating school funding in 2015/16 as set out in section 2 of the report, subject to (iii) below; and

 

(iii)  Delegate authority to Corporate Director of Children Services, in consultation with the Cabinet Member for Education and Schools, to approve the final submission to the EFA following the review by the Schools Forum working group as referred to in paragraph 2.9 of the report.