National Funding Formula – Sutton Governors’ Association Gillian Allcroft Deputy Chief Executive

NGA is a membership organisation NGA is an independent charity representing and supporting governors and trustees in maintained schools and academies in England Our charitable aim is to improve outcomes for pupils by the promotion of high standards in schools and improving the effectiveness of governing boards We do this by providing expert and tailored information, guidance and advice, training, consultancy, and challenge STANDARD governing board £85 GOLD governing board £260 www.nga.org.uk/join © NGA 2017

SCHOOL FUNDING CONSULTATION National Funding Formula To be introduced in 2019-20 Transitional year 2018-19 High Needs Funding Formula To be introduced in 2018-19 Formula Partly based on historical costs Part factors as identified in the first stage

HIGH NEEDS FUNDING FORMULA Will change how funding is allocated to local authorities Currently funded on historical costs Will move to a formula basis Funding methodology for special schools will remain the same 10,000 per agreed place Agreed top-up funding per pupil Alternative provision or pupil referral units Funded at £10,000 per agreed place. Top-up funding will be paid by either the LA or school/academy placing a pupil in the provision. Top-up funding may be a set amount agreed at the beginning of the year. Funding for special units in mainstream schools will change Pupils in unit will be funded at same per pupil basis as mainstream pupils Per place funding of £6,000 Any unfilled places on census date funded at £10,000

National Funding Formula 2018-19 – NFF methodology to be used to distribute funding to local authorities Local authorities to distribute funding to schools according to local formula 2019-20 Full NFF – funding for schools to be distributed from Department for Education via the Education Funding Agency.

NFF FACTORS Pupil Factors Premises Factors Other Factors Basic per-pupil -(AWPU) Free school meals (FSM) Ever 6 –FSM IDACI – six bands Low prior attainment English as an Additional Language Mobility Rates Split-Sites Private Finance Initiative Exceptional Premises Factors Lump Sum Sparsity Area Cost Adjustment

Proposed Funding/Factor   Primary Key Stage3 Key Stage 4 Basic Per pupil 2712 3797 4312 FSM 980 1225 Ever 6 FSM 540 785 IDACI A 575 810 IDACI B 420 600 IDACI C 360 515 IDACI D IDACI E 240 390 IDACI F 200 290 LOWER PRIOR ATTAINMENT 1050 1550 EAL 1385 LUMP SUM 110000 SPARSTIY up to 25,000 up to 65,000

Potential funding Primary KY3 KY4 Basic Per pupil 2712 3797 4312 FSM 980 1225 Ever 6 FSM 540 785 IDACI A 575 810 IDACI B   IDACI C IDACI D IDACI E IDACI F LOWER PRIOR ATTAINMENT 1050 1550 TOTAL 5857 8167 8682 DIFFERENCE 3145 4370

Financial Situation National Audit Office – Financial Sustainability of Schools 8% in savings by end of Parliament Department for Education estimates schools need to save £3billion £1.3 through procurement savings £1.7 by using staff more efficiently

Financial frameworks and accountability – DfE competency framework for governance EVERYONE ON THE BOARD Knowledge the financial policies and procedures of the organisation, including its funding arrangements, funding streams and its mechanisms for ensuring financial accountability the organisation’s internal control processes and how these are used to monitor spend and ensure propriety to secure value for public money the financial health and efficiency of the organisation and how this compares with similar organisations locally and nationally Skills and Behaviours has a basic understanding of financial management in order to ensure the integrity of financial information received by the board and to establish robust financial controls has confidence in the arrangements for the provision of accurate and timely financial information, and the financial systems used to generate such information interprets budget monitoring information and communicate this clearly to others participates in the organisation’s self-evaluation of activities relating to financial performance, efficiency and control Is rigorous in their questioning to understand whether enough being done to drive financial efficiency and align budgets to priorities

General Election - Manifestos The way funding is distributed to schools in England is not fair. Across the country, children with the same needs and expectations receive markedly different rates of funding for their school place. We have begun to correct this and in the next parliament we will make funding fairer still. We appreciate that it is hard for schools receiving a higher level of funding to make cuts in order to pay for increases elsewhere, so while we will make funding fairer over the course of the parliament, we will make sure that no school has its budget cut as a result of the new formula. We will increase the overall schools budget by £4 billion by 2022, representing more than a real terms increase for every year of the parliament. We will continue to protect the Pupil Premium to support those who need it. Conservative Manifesto Properly fund our schools so real term spending per pupil increases and is protected. Green Party Manifesto

General Election Manifestos Investment – we will make sure schools are properly resourced by reversing the Conservatives’ cuts and ensuring that all schools have the resources they need. We will introduce a fairer funding formula that leaves no school worse off, while redressing the historical underfunding of certain schools. Labour Party Manifesto Reverse all cuts to front-line school and college budgets, protecting per-pupil funding in real terms. Introduce a fairer national funding system with a protection for all schools, so that no school loses money. Protect the Pupil Premium which targets extra help at disadvantaged children. Over the parliament, this means nearly £7 billion more for school and college budgets. Liberal Democrat Party Manifesto