Decision details

Schools Funding 2024-25

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

That having considered the outcome of the consultation proposals following review by the Schools Forum, as shown in Appendix A, approval be given to the 2024/2025 schools funding formula for Sandwell schools, as follows:

 

(a)     adopting the minimum transition option for calculating schools funding in 2024/25;

 

(b)     setting the Growth Funding at £1.60m;

 

(c)     the introduction of a Falling Rolls Fund in 2024/25;

 

(d)     the transfer of £0.512m funding from the Schools Block to the Central Schools Services Block to fund the attendance service;

 

(e)     the Central Schools Services Block, De-delegated and Education Function proposals as set out in Appendix A (with the exception of Schools in Financial Difficulty).

Publication date: 08/02/2024

Date of decision: 07/02/2024

Decided at meeting: 07/02/2024 - Cabinet

Effective from: 16/02/2024

Accompanying Documents: