Issue - meetings
Dedicated Schools Grant 202223 Budget Planning and 202122 Budget Update
Meeting: 18/11/2021 - Education Board (Item 6)
6 Dedicated Schools Grant 202223 Budget Planning and 202122 Budget Update PDF 311 KB
Report for decision attached
Additional documents:
- DSG Appendices, item 6 PDF 279 KB
- Webcast for Dedicated Schools Grant 202223 Budget Planning and 202122 Budget Update
Minutes:
The Board considered a report from the Senior Finance Business Partner providing an update on DSG budget planning for 2022/23, following the Department for Education (DfE) July 2021 school funding announcements, and an update on the latest DSG budget for 2021/22, following the applied annual DfE July 2021 funding update changes.
The Board discussed the report and noted the positive funding announcements and the healthy position of the DSG budget.
Resolved:
1. That with regard to individual school’s budget (ISB) planning for 2022/23, to continue on the trajectory of adopting the principles of the National Funding Formulae (NFF) )a s referenced in paragraph 5.1 to 5.5 of the submitted report) and therefore:
1.1 Any mainstream school that attracts their core NFF pupil led funding factors (i.e. with no MFG or funding floor protections applied), to benefit from the full NFF applied circa 3% increase to those core funding factors per pupil.
1.2 All remaining mainstream schools whose per 2021/22 per pupil led funding rates are either above the revised NFF mandatory 2022/23 minimum funding amounts per pupil or core NFF funding rate per pupil as referenced in 2.1.1, will receive the same NFF maximum allowable 2% uplift per pupil.
2. That the approach of recommended minimum balances held in DSG reserves and the approach of one-off use of reserve balances where they are above those minimum levels (As referenced in 11.7 and 11.8), be approved.
Meeting: 19/10/2021 - Education Board (Item 5.)
5. Dedicated Schools Grant 202223 Budget Planning and 202122 Budget Update PDF 311 KB
Report for decision attached
Additional documents:
- DSG Appendices, item 5. PDF 279 KB
- Webcast for Dedicated Schools Grant 202223 Budget Planning and 202122 Budget Update