Item 7 - Introduction of the National Funding Formula for Schools (L22/3)

Summary 

The Government plans to introduce a National Funding Formula (NFF) for schools in April 2017. It launched the first part of its consultation on the implementation of the new formula on 7 March 2016 for the schools block and high needs block of the Dedicated Schools Grant (DSG).
Among the proposals announced, the Department for Education (DfE) sets out plans to fund schools directly from 2019/20, which would significantly reduce the role of local authorities and schools forums in determining allocations. It also proposes a new ‘central schools’ block of funding for local authorities to deliver their statutory duties. This paper sets out the key proposals in the consultation, the potential implications for London local government and recommendations for next steps.