School Funding 2020-21

Overview

The consultation concerns the proposed changes to the Essex Formula for Funding Schools for 2020/21.

Essex County Council has a duty to consult with all mainstream schools over the proposed changes to the Essex Formula for Funding Schools.

This consultation has been approved by the Essex Schools Forum at the meeting held on 11th November 2019.

Why your views matter

Essex County Council is consulting on the changes it is proposing to make to the Essex Formula for Funding Schools in 2020/21.

We are seeking views on the proposed changes to school funding for 2020/21 covering:

• Reducing the lump sum allocation by £10,000 to decrease the gap between the current Essex Lump Sum of £150,000 per school and the National Funding Formula lump sum of £114,400 per school.
   
• Allocating the funding generated by reducing the lump sum through the Age Weighted Pupil Unit (AWPU) for each key stage of education. This means that the funding generated through the proposed £10,000 reduction to the lump sum will be distributed to all schools at the same  AWPU uplift for each key stage.
   
• Moving the primary / secondary funding differential from 1:1.31 to 1:1.30 to decrease the gap between the Essex funding differential and the National Funding Formula differential of 1:1.27
   
• Setting the minimum funding guarantee (MFG) at 1%. This will guarantee every school will receive as a minimum a 1% increase on each schools guaranteed per pupil amount.

What happens next

The results will be processed and taken to Schools Forum on Wednesday 27th November where Schools Forum will be asked to support the Authority's final proposals.