Jolyon Roberts confirmed that Dave Winters was successful and wished to thank Dave and Theresa for standing and assured Theresa that Early Years would be represented. 3. Dedicated Schools Grant School Funding Formula Orlagh Guarnori presented this paper. The Schools Forum is asked to note the 2018/19 Dedicated Schools Grant (DSG) allocations and to note that a more detailed paper of the funding formula and allocation values will be provided at the next OG meeting in March 2018. Following the DfE announcement to Fairer Funding proposals, 2 consultations followed setting out the intentions for funding going forward. Schools Forum had approved various local factors that included continued use of free school meals, IDACI, LAC factors etc. The next 2 years, Schools forum can apply their own factors to DSG. The allocation for DSG 2018/19 was issued on 19 December 2017. Table 1 shows an increase in the Schools Block of £2.1m (before recoupment). Table 2 and 3 show the Schools Block allocations. Early Years block has a small increase of £1.6m. This will change following the 2018 census. The Schools Block has also seen a significant increase as a result of the creation of the new Central Services Schools Block £6.8m which is made up of 2 parts to –refer 2.4. Appendix A shows a further breakdown for the Central Services expenditure in 2017/18 and 2018/19. Overall DSG allocation has increased by £10.03m. The main breakdown in 2 shows real movement and increase. Table 3 gives a breakdown of the deductions from Schools Block. The Schools Block will see a flat cash overall increase of 4%, £238.4 which will generate into individual schools budgets. Croydon will see an average increase of 2.3%. Orlagh Guarnori is working on the individual school budgets through the APT. The LA had made late changes to the tool. The APT tool was due for submission on the 19 January 2018. Jolyon Roberts said it was flat cash improvement but that over time schools are worse off. He said the worry in the Fairer Funding formula some boroughs could have been reduced but at the moment this is not happening. It is fairer but not fair. Dave Winters informed the Forum that there was credible data available on the website. He also questioned what the £3m Prudential Borrowing costs were for.
Jolyon Roberts confirmed that Dave Winters was successful and wished to thank Dave and Theresa for standing and assured Theresa that Early Years would be represented. 3. Dedicated Schools Grant School Funding Formula Orlagh Guarnori presented this paper. The Schools Forum is asked to note the 2018/19 Dedicated Schools Grant (DSG) allocations and to note that a more detailed paper of the funding formula and allocation values will be provided at the next meeting in March 2018. Following the DfE announcement to Fairer Funding proposals, 2 consultations followed setting out the intentions for funding going forward. Schools Forum had approved various local factors that included continued use of free school meals, IDACI, LAC factors etc. The next 2 years, Schools forum can apply their own factors to DSG. The allocation for DSG 2018/19 was issued on 19 December 2017. Table 1 shows an increase in the Schools Block of £2.1m (before recoupment). Table 2 and 3 show the Schools Block allocations. Early Years block has a small increase of £1.6m. This will change following the 2018 census. The Schools Block has also seen a significant increase as a result of the creation of the new Central Services Schools Block £6.8m which is made up of 2 parts –refer to 2.4. Appendix A shows a further breakdown for the Central Services expenditure in 2017/18 and 2018/19. Overall DSG allocation has increased by £10.03m. The main breakdown in 2 shows real movement and increase. Table 3 gives a breakdown of the deductions from Schools Block. The Schools Block will see a flat cash overall increase of 4%, £238.4 which will generate into individual schools budgets. Croydon will see an average increase of 2.3%. Orlagh Guarnori is working on the individual school budgets through the APT. The LA had made late changes to the tool. The APT tool was due for submission on the 19 January 2018. Jolyon Roberts said it was flat cash improvement but that over time schools are worse off. He said the worry in the Fairer Funding formula some boroughs could have been reduced but at the moment this is not happening. It is fairer but not fair. Dave Winters informed the Forum that there was credible data available on the website. He also questioned what the £3m Prudential Borrowing costs were for. OG
Schools%20Forum%20minutes%2015%20January%202018.docx