Issue - meetings

Financial Modelling for the 2013/14 Funding Review

Meeting: 20/09/2012 - Schools' Forum (Item 9)

9 FINANCIAL MODELLING FOR THE 2013/14 FUNDING REVIEW pdf icon PDF 119 KB

Additional documents:

Minutes:

Report ED12043

 

Members of the Forum considered a report outlining a range of proposed financial modelling options for the new funding formula as part of the 2013/14 funding review.  Twelve versions of the funding model had been developed following the meeting of the Schools’ Forum on 12th July 2012, where members of the Forum had considered a report outlining feedback from schools on the basic principles underlying the new funding formula.  The modelling had been undertaken using the prescribed number and type of factors laid down by the Department for Education, applying variations within the factors based on the findings from the first stage of the consultation.  For each version of the financial modelling, the current overall levels of funding for Primary, Secondary and Special Schools had been maintained to ensure that no particular sector was adversely affected by the proposed changes. 

 

The funding of Special Schools would not be allocated through the proposed financial modelling options and members of the Forum were advised that representatives of the Local Authority would meet with representatives of the Special Schools to agree individual arrangements around the number of places and level of funding provided.

 

Members of the Schools’ Forum considered the elements of the proposed models which would apply to primary and secondary schools.

 

In considered the level of attainment at which to base the funding, it was noted that a child attaining 73 points or less was likely to be working just below age related expectations and was more likely to have been identified as having a special educational need and/or a disability, whereas a child attaining 78+ points may be considered to be working at age related expectations and as having reached a good level of development.  The members of the Schools Forum generally agreed that it would be most appropriate to base this measure at those attaining 73 points or less, although Richard Sammonds was concerned that these measures did not reward the school for the progress made by children as they progressed through the key stages.  Following a vote on whether to use the 73 points or less Foundation Stage Profile, 12 members were in favour and 1 member abstained.  It was therefore agreed to use this measure

 

In response to a query regarding how the figures for Deprivation/Attainment/English as an Additional Language had been derived, the Head of Schools Finance Support confirmed that the figures had been based on current total funding allocations and that work had been undertaken to find a lump sum that could be common to both the primary and the secondary sector to ensure a similar level of funding was available to children and young people with special educational needs.  Karen Raven highlighted the way the funding was split between the primary and secondary sector.  This split had been applied consistently throughout the modelling, however there was potential to revisit how the pools of Primary and Secondary funding were split to ensure levels of funding were appropriate across both sectors. 

 

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