Schools: Finance

(asked on 30th March 2017) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, pursuant to the Answer of 29 March 2017 to Question 68547, how the funds remaining after the £200 million set to be spent on the National Funding Formula in 2018-19 and 2019-20 has been allocated; and how much of that funding is allocated to spending beyond 2020.


Answered by
Nick Gibb Portrait
Nick Gibb
This question was answered on 19th April 2017

We have protected school funding in order that the amount per pupil remains the same during this Parliament. We will be spending an additional £500 million over and above this amount as we introduce the national funding formula. Of this, we will spend an extra £200 million a year in 2018-19 and 2019-20 on schools. The remaining funding will be spent on pupils with a high level of special educational needs in 2018-19 and 2019-20. These funds will provide stability, ensuring that no local authority will lose funding for high needs. Budgets beyond 2020 will be set in the next spending review.

The additional funding for schools in 2018-19 and 2019-20 forms part of the overall school block allocation, within the dedicated schools grant (DSG), for those years. The DSG will provide for all the costs in 2018-19 and 2019-20 associated with the introduction of the national funding formula, including increases of up to 5.5% per pupil for schools due to gain funding, and significant protection for those due to lose.

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