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Fairer Schools Funding and Schools Funding Formula in 2015-16 Agenda Item 10

Fairer Schools Funding and Schools Funding Formula in 2015-16 Agenda Item 10. Fairer Funding for 2015-16. On the 13 th March 2014 the Department for Education (DfE) announced proposals to increase DSG allocations for the least fairly funded areas.

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Fairer Schools Funding and Schools Funding Formula in 2015-16 Agenda Item 10

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  1. Fairer Schools Funding and Schools Funding Formula in 2015-16Agenda Item 10

  2. Fairer Funding for 2015-16 On the 13th March 2014 the Department for Education (DfE) announced proposals to increase DSG allocations for the least fairly funded areas. Begins to address the historical funding basis within the current system. A further stepping stone to a National Funding Formula – although deferred until the government can set plans over a longer period of time. These are positive initial steps but the DfE state that: “Beyond 2015-16 the allocation of funding between local authorities will be a matter for the next spending review.”

  3. £7.2m Original Indicative Impact for Northamptonshire in 2015-16 Latest Indicative Impact £9.9m

  4. Summary of July 2014Discussion Points with Responses Allocate over all 3 blocks? YES Top slice for £1.5m high needs base shortfall? YES Basis of split over the blocks? Number On Roll (NOR) with a High Needs Special Schools x4 multiplier Primary/Secondary split base on NOR? YES Schools formula factors to apply to? AWPU If use to increase the cap? YES

  5. Revised Funding to be Allocated

  6. Allocation Across DSG Blocks Forum’s preference was to allocate to all blocks using the NOR with a weighting of 4 for special school pupils (to reflect the higher cost of these pupils)

  7. Schools Block Forum Discussion – Capping Levels Possible range of Cap/AWPU levels with allocation of £7.2m The fairer funding is not outside of the MFG, therefore as funds are put into AWPU, less total MFG protection is needed (protection level nationally set -1.5% per pupil). The total removed from capped schools cannot exceed the total value of the MFG protection. With an additional allocation of £7.2m to the AWPU the minimum possible level of cap is 5.7% and the maximum is 6.65%.

  8. Schools Block – Capping Levels

  9. Summary

  10. To allocate the additional fairer funding allocation as set out in this presentation and to set the cap at the indicative 6.65% as this results in the highest number of schools not subject to capping or protection and results in the minimum number subject to the cap. The reduced funding from central schools block expenditure will be allocated through the formula. All other formula factors will remain as per 2014-15 with unit rates to be finalised when the final DSG announcement is made. 2015-16 Proposals

  11. 2014-15 factors – no changes proposed to factors in 2015-16

  12. Factors not used in 2014-15 and NOT proposed for 2015-16

  13. Factors not used in 2014-15 and NOT proposed for 2015-16

  14. 2015-16 ProposalsVote Under the Schools and Early Years Finance Regulations Forum is required to vote on the proposed formula factors. However the final decision in respect of the funding formula remains with the local authority.

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