Schools: Finance

(asked on 27th April 2018) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what estimate he has made of the number of schools in England due to lose the maximum amount of 1.5 per cent of their funding per pupil in line with the Minimum Funding Guarantee in 2018-19.


Answered by
Nick Gibb Portrait
Nick Gibb
This question was answered on 8th May 2018

Information regarding individual school and academy allocations for the financial year 2018/19 will be published in the autumn in line releases in previous years. This will detail schools’ final budgets for the 2018/19 financial year, including how many schools are being protected by the Minimum Funding Guarantee under their local authorities’ (LAs) local funding formula.

The national funding formula is giving every LA more money for every pupil in 2018/19. Every school is attracting at least 0.5% per pupil more through the formula, compared to 2017/18. LAs have the flexibility to determine how this funding is distributed across schools in their local area, and this is right as the Department transitions towards the national funding formula. LAs can mirror the protections in the national funding formula, if they so choose, by setting the Minimum Funding Guarantee in their local formula up to +0.5%.

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