Following consultation during the autumn, I have decided to proceed with arrangements to replace the existing seven Local Management of Schools (LMS) funding formulae with a single, common funding formula. This move will take effect from
Work is continuing to finalise allocations to schools for 2005–06. Once this has been completed, I will make a fuller announcement outlining the changes that I have made to reflect the comments received during consultation and confirming the allocations that will issue to individual schools for 2005–06. I will also write to the hon. Member with the specific details she has requested and place a copy of my statement and this letter in the Library.