Issue - meetings
Final Funding Formula for Mainstream Schools and Academies 2017/18
Meeting: 17/01/2017 - Cabinet (Item 6)
6 Final Funding Formula for Mainstream Schools and Academies 2017-2018 
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Additional documents:
Minutes:
Background:
This report provided details of the final funding proposals for Medway’s schools and academies for 2017/2018. Officers, working with the Schools Forum, had consulted with schools and academies on the 2017/2018 options and arrangements. It was noted that the Schools Forum had recommended these options and arrangements to Cabinet in October 2016, which were approved.
Final pupil numbers and the total funding available through the Dedicated Schools Grant (DSG) had been confirmed by government in December 2016.
The Schools Forum met on 9 January 2017 and its final recommendations to Cabinet were set out in an Addendum Report.
It was noted that in line with rule 15.11 of Chapter 4, Part 5 of the Constitution, call-in could be waived where any delay likely to be caused by the call-in process would seriously prejudice the Council’s or the public’s interests. In this case, the deadline for the submission of the final funding formula to the Department for Education was 20 January 2017. The Chairman of the Children and Young People Overview and Scrutiny Committee had agreed that the decisions proposed were reasonable in all the circumstances and to them being treated as a matter of urgency and to waive call-in.
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Decision number: |
Decision: |
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165/2017 |
The Cabinet agreed to add back the mobility funding factor into the Final Funding Formula for 2017-18 as outlined in section 2.4 of the addendum report. |
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166/2017 |
The Cabinet agreed to instruct officers to implement the Final Funding Formula for 2017-18. |
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167/2017 |
The Cabinet agreed that the recommendations set out in decision numbers 165/2017 and 166/2017above are considered urgent and therefore should not be subject to call in. |
Reasons:
The local authority is required to implement the funding formula changes from 2017-18 in accordance with the School and Early Years Finance (England) Regulations 2014. This is a Cabinet function.
The deadline for the submission of the final funding formula to the Department for Education is 20 January 2017