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EFA current objectives and future plans

EFA current objectives and future plans. Sue Baldwin: Director of Academies Education Funding Agency 28 June . Overview. The Education Funding Agency Academies Assurance and accountability Funding reform Capital Wrap up. Some of our current priorities.

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EFA current objectives and future plans

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  1. EFA current objectives and future plans Sue Baldwin: Director of Academies Education Funding Agency 28 June

  2. Overview • The Education Funding Agency • Academies • Assurance and accountability • Funding reform • Capital • Wrap up

  3. Some of our current priorities

  4. Academies: our priorities for the year Continued growth Funding reforms : 2014-15 Freedoms and accountability Service to academies Supporting pre opening

  5. A quick summary of funding reform 2014/15 Structure of 2013/14 reforms stay in place but: • At least 80% of delegated funding distributed by pupil-led factors • Basic entitlement must be at least £2,000 for primary and £3,000 for secondary • Different lump sums allowed for primary, middle and secondary • Lump sum capped at £175,000 • Minor changes to mobility, looked-after children and prior attainment factors • New sparsity factor for small schools in sparsely populated areas • Flexibility for schools with temporary falling rolls – but only for “outstanding” schools or academies

  6. EFA Capital - overview • EFA Capital Division formed from PfS and YPLA • Mix of allocating funding & direct delivery of capital projects, as well as providing advice on school design and delivery • James Review: reported in April 2011, and dictated much of the current structure & function of EFA Capital

  7. The post-James Review world • Property Data Survey Programme • Free Schools programme • Academies Capital Maintenance Fund • Priority Schools Building Programme • Central management of major programme delivery

  8. EFA Capital – key functions • Targeted response to condition need • Meet policy objectives • Strategic assessment of condition need • Meeting Basic Need • Distribute formulaic funding to schools & revenue funding to LAs for legacy PFIs • Voluntary Aided sector funding • More efficient delivery, driving out better value • Property issues requiring approval

  9. EFA Capital – programmes

  10. Over 20,000 subscribers across all types of organisations: To subscribe to the fortnightly e-bulletin please send your name, job title, organisation name and email address to efa.bulletin@efa.education.gov.uk

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