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Caution urged over National Funding Formula

  • By Rosemary.Davenp...

Responding to Education Secretary's statement on schools funding, Cllr Peter John, London Councils’ Executive member for children, skills and employment, said:

“Having looked closely at the government’s statement on schools funding, we are cautioning against drawing hasty conclusions about the temporary delay. Only two out of three blocks of schools funding have been protected in 2017/18. Details of a new national funding formula for early years are yet to be announced and any funding reduction there will be felt within the system.

“In practice the threat of schools funding reform still looms large for the capital’s education system. We urge government to think carefully about this and take on board our recommendation to level up schools funding across the country.”

Ends

Notes to editors

  1. The Dedicated Schools Grant is made up of three funding blocks – early years block, schools block and high needs block. Government regulations allow schools forums to transfer money between those funding blocks to meet the needs of pupils.
  2. In today’s statement the DfE have only committed to protecting the schools block and high needs block.
  3. The DfE will publish details of a NFF for the early years block in the coming days. Given that boroughs transfer funding between the three DSG funding blocks, a reduction in the early years block would represent an overall loss in funding to the London education system.