School Funding For ESCC Headteachers Education Funding: The - PowerPoint PPT Presentation

School Funding For ESCC Headteachers

Education Funding: The Dedicated Schools Grant Schools Block 2.2% High Needs Block 7.0% Early Years Block 14.3% 'Central' Block 76.5% 100% of the Schools Block funding is distributed to schools 2

Schools Forum School representatives work with LA officers to discuss and approve spending plans and distributions to schools and academies All Schools are invited to express their view on any planned changes to the funding formula via consultation

The Schools Block and The National Funding Formula Transition to the NFF To tackle historic basis and variety of funding formulas and factors nationally The NFF now determines the funding allocated to ESCC Schools Block Final allocation on Local formula during the transition period ESCC 20/21 local formula very close to NFF Funding for Academies and Maintained schools calculated in the same way 4

ESCC Formula 5

Proposed Rates For 20/21 6

The Schools Block and the National Funding Formula NFF applied to all ESCC ESCC distribute to schools Schools and aggregated based on the locally agreed up. (DfE use last years NFF formula and must use the allocation to determine ACTUAL 19/20 allocation to minimum funding calculate minimum funding protection) protection. NO MONEY IS WITHELD OR ALLOCATED ANYWHERE ELSE. ESCC Beware! Exemplifications and indicative Schools budgets published are often based on the Block Pot previous years pupil numbers so your actual allocation will change. 7

Headlines and Recent Announcements Compulsory Minimum Positive Minimum There is More Money! Per Pupil Level £3,750 Funding Guarantee (£4000) and £5,000 Each Formula Factor Increasing Costs eg High Capping threshold Increasing by 4% Teachers Pay Pupil Numbers and Headlines can be individual Many of these changes misleading. They may circumstances may be built into your not apply to your plans already determine the impact school for your school 8

Grants and other Funding Pupil Premium Universal Infant Free School Meals PE Sports Grant High Needs Top Up Teachers Pay Grant Teachers Pension Grant Year 7 Catch Up Falling Rolls/Growth Fund

Key Dates for Funding October Pupil •Budget share determined by pupil numbers on this day •Universal Infant FSM grant based on meal take up on Census Day census day January Pupil • Pupil Premium allocation based on FSM and Ever 6 FSM on January Census Census Day •Universal Infant FSM grant based on meal take up February/March •Budget share allocation issued for following financial year MonthlyHigh •Real time monthly adjustments dependent on actual Needs Top Up pupils Funding