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: