Decision details

1.         Schools Block Budget 2023/24 Financial Year:

a.         To approve the local authority formula for allocating resources to Hammersmith & Fulham schools for 2023/24 as set out in Appendix 1, the Authority Proforma Tool (APT) for setting school budgets.

b.         To approve the National Funding Formula (NFF) transitional funding formula factor rates (as set out in Appendix 1) as the basis for calculating the 2023/24 schools funding formula, together with a 0.5% per pupil Minimum Funding Guarantee (MFG) protection for individual schools versus 2022/23 levels with respect to pupil led funding.

c.         To approve a transfer of £0.577m (0.5% of the total schools' block allocation) from the schools' block to the high needs block in the 2023/24 financial year.  This approval is pending the outcome of the disapplication request to the DfE to transfer £1.154m (1.0% of the total schools’ block allocation).  Should the DfE provide a positive response to the disapplication an approval of the 1% transfer is recommended.   This is to support high needs education expenditure for special educational needs in Hammersmith and Fulham.

d.         To approve the proposal to top-slice the 2023/24 Schools Block to the value of £0.200m or 0.17% of the total for the Falling Rolls protection fund in 2022/23. Allocations to mainstream schools from the agreed fund would be agreed by a sub-group of the Schools Forum.

e.         To approve de-delegation budgets of £0.691m for maintained mainstream schools only.

f.          To approve the education functions budgets of £0.262m for maintained mainstream schools only, as confirmed by Schools Forum on 17 January 2023.

2.         Central Services Schools Block Budget 2023/24

a.         To approve the proposed budget allocation for Central Services Schools Block DSG totalling £2.422m.