Schools: Finance

(asked on 22nd February 2017) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, when she plans to publish the Schools Funding Formula.


Answered by
Nick Gibb Portrait
Nick Gibb
This question was answered on 28th February 2017

Our proposals for a national funding formula include an area cost adjustment to reflect the different labour market costs across the country. Schools in the North East would not receive an uplift through the area cost adjustment, as it is only applied to areas where labour market costs are particularly high. Our proposed national funding formula would increase funding for 622 schools in the North East, with funding for schools in the region as a whole increasing by 1%.

The consultation on the national funding formula will conclude on 22 March. We will confirm final arrangements in the summer, and introduce the formula from April 2018.

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