160K Growth Fund Factor values at 2020-21 NFF rates MFG at 1.84% - PowerPoint PPT Presentation

Schools Block 2020-21: proposed approach £160K Growth Fund Factor values at 2020-21 NFF rates MFG at 1.84% (maximum) AWPU at NFF rate plus £92 Subject to validation checks

Schools Block Funding Allocation 2020-21 20/21 allocation = £199.7m 19/20 allocation = £188.8m Increase of £10.9m (5.7%)

Increased funding allocation for 2020-21 £5.7m increase due to change in factor values: 20/21 Provisional allocation announced in Sept 19 was £194.5m based on Oct 18 pupil data £4.2m increase due to increased pupil numbers: Final 20/21 allocation based on Oct 19 pupil data has 818 additional pupils on roll £1.0m increase due to increases in average per pupil funding: mainly due to movement from primary to secondary

Split sites • Wellington Primary £60,000 (existing) • St Paul’s Primary £60,000 (existing) • Bolder Academy £60,000 (2020-21 only)

St Paul’s split sites funding • The APT model does not pass all of the £60,000 to the school due to the application of the Minimum Funding Guarantee • The Council needs to apply to disapply the MFG calculation to adjust St Paul’s funding to pass the full £60,000 to the school • Financial impact £15,542

Bolder Academy Split Sites Funding • Split sites funding requested for 2020-21 only • Similar scenario to the Green School for Boys • 2 members of Schools Forum declared an interest • 3 members of Schools Forum fully supported the request • One member supports £30k of the £60k • 1 member was not supportive • The Council has awarded split sites funding to Bolder Academy

Lump sums Each school receives a lump sum in the funding formula. This is £125,728 regardless of the size of the school Transitional arrangements where schools amalgamate Year of amalgamation – new school receives the funding from the predecessor schools Year following amalgamation - 85% predecessors schools’ lump sums Second year following amalgamation – up to 70% of the combined lump sums - requires approval.

Springwell School Springwell Junior School and Springwell Infant and Nursery School amalgamated in 19/20 The total amount of lump sum due £213,738 (85% of combined lump sum) The APT model allocates £125,728 A disapplication request needs to be made to allocate an additional lump sum of £88,010 to arrive at the total lump sum due

Southville Primary School • Southville infant and Nursery and Southville Junior School amalgamated in 18/19 • Loss of lump sum was raised as a concern by the Governing Bodies in the consultation exercise • Cabinet decision includes agreement to apply for year 2 lump sum protection. Noted by the schools adjudicator • The lump sum due is £176,019 (70% of the combined lump sum) • Disapplication request to allocate a further £50,291 to arrive at the total lump sum

Overall Appendix 2 shows the provisional 2020-21 funding per school based on: • Formula factors at NFF with AWPU at NFF plus £92 • £160,000 Growth fund • 3 schools with split sites funding • 2 schools with transitional lump sum funding • Subject to ESFA validation checks • Note that the SEN Centre data on the proforma is incomplete

Overall 57 Schools have a higher funding allocation than the previous year due. For these schools: Total increase in budget = £12.1m = average increase of 9% per school = average increase in funding of £212k per school

Overall 15 Schools have a lower funding allocation than previous year due to falling pupil numbers. For these schools: Total reduction in roll = 479 (average reduction of 9.5% per school) Total reduction in budget = £1.2m (average reduction of 5% per school)