Mainstream funding for borough schools increases
Mainstream funding for Telford and Wrekin’s schools has increased as a result of the Department for Education’s National Funding Formula, a report to Telford & Wrekin Council’s cabinet reveals.
The government’s planned increase for Telford and Wrekin is equivalent to 6.8 per cent per pupil – representing the 13th largest increase out of 152 English local authorities.
This provides some vindication for the council’s long standing belief that mainstream school funding has previously been held at an unjustifiably low level.
It will take at least a further two years for the increase to be fully implemented but in 2018/19 there was an increase of 2.7 per cent, with a similar further increase in funding in 2019/20.
Cabinet, which meets on January 3, is being asked to approve the 2019/20 funding formula for Telford and Wrekin mainstream schools – following a consultation with the Schools Forum.
However, the actual allocations to individual schools can only be finalised when census data is released by the Department for Education.
The amount each school receives will also depend on how much is top sliced from mainstream budgets to support High Needs.
The Schools Forum has already agreed a top slice of 0.5 per cent and will debate a possible further £250,000 when it meets on 17 January – although any top slice above 0.5 per cent has to be agreed by the Secretary of State as well as the Schools Forum.
Councillor Shirley Reynolds, Telford & Wrekin Council’s cabinet member for Education, said: “It is clear that the National Funding Formula is benefiting schools in Telford and Wrekin and this is good news.
“We have always believed that our funding was held at an unjustifiably low level and the increase in money we are receiving goes some way to prove that point.”
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