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2013/14 Fair Funding Formula for Schools

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12/12/2012 - School funding reforms 2013/14

that approval be given to the following:

 

(i)         the adoption of Model 2 (Appendix C) as the Fair Funding Formula for Brent Schools for 2013/14 with the impact being closely monitored with the Schools forum over the coming year and reviewed again for the 2014/15 financial year;

(ii)        the level of protection to be used for Special Educational Needs (SEN) as set out in Appendix E of the report from the Director of Children and Families;

(iii)       the transfer of £1m from the High Needs Block to the Schools Block to be distributed via the Income Deprivation Affecting Children Index (IDACI) for Primary Sector and IDACI and Attainment for Secondary Sector, to be used as a proxy for SEN needs between £6k and £12k;

(iv)       the transfer of £500k from the Schools Block to the Early Years Block for SEN in Early Years;

(v)        to switch the deprivation factor in Early Years from using the Index of Multiple Deprivation (IMD) to using IDACI.


 

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