Question to the Department for Education:
To ask the Secretary of State for Education, what assessment she has made of the adequacy of school funding in North Cornwall constituency after the implementation of the national funding formula.
The introduction of the national funding formulae is supported by significant extra funding of £1.3bn across 2018-19 and 2019-20, over and above the budget announced at the 2015 spending review. Core funding for schools and high needs will rise from almost £41 billion in 2017-18 to £42.4 billion in 2018-19 and £43.5 billion in 2019-20. This will allow us to maintain school and high needs funding in real terms per pupil for the next two years.
Overall, schools in North Cornwall would be allocated a 4.3% increase in their funding if the national funding formula were implemented in full, with gains of 2.0% in 2018-19 and 3.1% in 2019-20, over their 2017-18 baselines, as we transition towards the formula.
Full details on the provisional allocations for local authorities and schools can be found here: https://www.gov.uk/government/publications/national-funding-formula-tables-for-schools-and-high-needs.