Issue - decisions

Surrey Schools & Early Years Funding 2023/24

 

 

27/04/2023 - Approval of amendments to the funding rates in the 2023/24 schools and early years funding formulae as appropriate following receipt of the DSG settlement and DfE pupil data in December 2022

Decision made:

 

It was AGREED that the hourly rates for 2023/24 should be:

For three and four year olds, £5.14 (increase of 27p).  The total increase is equal to the increase in the DfE hourly funding rate (of 27p like for like). This reflects the fact that no significant underspend is now expected in 2022/23 (as at 31 March 2023).

 

For two year olds, £6.65/hour, an increase of 52p.  The DfE increase was 62p and the lower increase in the hourly rate reflects previous year overspends and the need to set a sustainable rate which contains costs of provision for two year olds within budget going forward. The proposed rate is in line with discussions with Schools Forum, but is likely to mean some level of overspend in 2023/24

 

Additionally an hourly rate supplement of 27p/hr will be implemented for state maintained providers employing qualified nursery teachers in the teacher pension scheme (33p/hr for maintained nursery schools).

 

03/01/2023 - Approval of additional one off funding allocations for special schools and pupil referral units in 2022/23

Decision made:

 

It was agreed that the one off funding of £1m, described in s27 of the Cabinet report, should be distributed to those special schools on the Surrey banding system, and to pupil referral units, and that the allocation would be pro rata to the estimated school level cost of the support staff pay increase, less the 2% increase for which schools were advised to budget. The school level share was estimated by LA officers from returns submitted by individual schools. The allocation would be a lump sum, separate from place and top up funding.