RESOLVED:
1. That the Schools Forum’s recommendations for the formula funding of Surrey schools in 2018/19, as set out in Annex 2 to the submitted report, be approved.
2. That the proposed Surrey formula factors for 2018/19, as set out in Annex 3 to the submitted report, be approved.
3. That authority be delegated to the Assistant Director, Schools & Learning, in consultation with the Leader and the Cabinet Member for Education to approve amendments to the schools funding formula as appropriate following receipt of the DSG settlement and DfE pupil data in December 2017.
Reasons for Decisions:
i. To comply with DfE regulations requiring formal council approval of the local funding formula for Surrey’s primary and secondary schools, including academies.
ii. To ensure that total allocations to schools under this formula remain affordable within the council’s DSG settlement.
[The decisions on this item can be called in by the Children and Education Select Committee]