Decisions
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06/01/2020 - School funding Formula 2020-21 ref: 1338 Approved
To decide on the changes required to the School funding formula for the 2020-21 financial year.
Decision Maker: Cabinet Member for Children’s Services
Decision published: 06/01/2020
Effective from: 14/01/2020
Decision:
The Cabinet Member agrees:
1. To set the Minimum Funding Guarantee at +1.84% change in pupil funding in 2020-21 compared to 2019-20
2. That the LA will not set a Cap on Gains for 2020-21
3. That the LA increase the 2020-21 local formula funding core factor values as close as it can to the 4% (set out in DFE Guidance) except for the free school meals factor which will be increased at inflation (defined by the DFE)
4. That the LA use the NFF methodology to calculate mobility in the local formula for 2020-21
Wards affected: (All Wards);
Lead officer: Richard Morgan