Issue - decisions
Schools Funding Formula
18/01/2021 - Schools Funding Formula
The Cabinet Member agrees to:
1) Change the specific factor for sparsity in line with the NFF guidance;
2) Inflate all factors at 3% (except Free School Meals at 2%) in line with DFE guidance;
3) Set the Minimum Funding Guarantee (MFG) at 2%; and
4) If necessary, to taper back all formula factors by the same percentage to ensure that schools allocation are contained within the schools block allocation.