We have received a number of queries regarding the following line in the Standards Fund guidance "Schools should receive at least as much funding as they did in 2003-2004."
The rationale behind this statement is to avoid unnecessary fluctuations in schools budgets. Our primary aim is to ensure stability of funding for schools.
We would of course expect the guidance to be applied sensibly and we accept that there may be situations where small fluctuations are unavoidable, or indeed, desirable. These include:
Where application of an existing formula results in fluctuations at school level. In circumstances where the formula causes major fluctuations, we would expect the LEA to consider cushioning the loss to affected schools.
Where LEAs are moving toward a new system of allocation based on the approach advocated in the Standards Fund guidance. We would again expect the LEA to consider phasing in changes where application of the new formula results in significant changes to school level allocations.
Schools should be actively engaged in any discussions on the development of a new system of allocation.
In the absence of an agreement on any new arrangement, schools have an entitlement to at least their 2003-2004 level of funding.
We are happy to be provide advice where you would find such support useful.
Information on the Standards Fund can be found at www.dfes.gov.uk/standardsfund/
|
