Question to the Department for Education:

To ask the Secretary of State for Education, what estimate she has made of the potential effect of the new school funding formula on the level of funding for schools in Coventry South constituency in real terms for each of the next three years.

Our proposals for funding reform will mean that schools and local authority areas will, for the first time, receive a consistent and fair share of the schools budget, so that they can give every child the opportunity to reach their full potential.

For Coventry local authority, the proposals would mean a reduction in schools funding of 2.4%. Coventry South constituency would see a 2.5% reduction in funding for its schools. On funding for pupils with high needs, Coventry local authority would see a significant increase of 10.7%.

To ensure stability for schools, we have proposed substantial protections to limit reductions to any individual school’s budget to manageable levels. No school will face a reduction of more than 1.5% per pupil per year or 3% per pupil overall.

We are also supporting schools to improve their financial health and efficiency. We have produced a collection of tools, information and guidance, which can be found at: https://www.gov.uk/government/collections/schools-financial-health-and-efficiency.

This collection includes benchmarking tools and workforce planning guidance to support schools to make savings.

Most recently, we published the Schools’ Buying Strategy which will help schools make significant savings, over £1 billion a year by 2019-20, in non-pay and procurement costs.