To ask the Secretary of State for Education, what estimate he has made of the overall increase in funding for Cornwall’s schools as a result of the implementation of the fair funding formula.
Answered on
24 January 2018
The introduction of the national funding formula in 2018-19 will allocate funding on the basis of the specific characteristics of every school and pupil.
Allocations for 2018-19 for each local authority were confirmed on 19 December 2017 and can be found at: https://www.gov.uk/government/publications/dedicated-schools-grant-dsg-2018-to-2019. The allocations take into account the latest pupil numbers from the October 2017 census. For Cornwall, the national funding formula means an increase in schools funding of 1.7% per pupil in 2018-19 and 2.7% in 2019-20.
Local authorities will continue to set their own local formulae which will determine individual schools’ budgets in their areas, in 2018-19 and 2019-20, in consultation with local schools.