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Schools: Finance

Department for Education written question – answered on 7th October 2019.

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Photo of Angela Rayner Angela Rayner Shadow Secretary of State for Education

To ask the Secretary of State for Education, when he plans to implement a schools level national funding formula; and if he will make a statement.

Photo of Nick Gibb Nick Gibb Minister of State (Education)

Holding answer received on 03 October 2019

It is the Department’s intention to move to a ‘hard’ national funding formula (NFF) as soon as possible. This is where schools’ actual budgets are set and allocated on the basis of a single, national formula.

The Department recognises that this will represent a significant change and the Department will work closely with local authorities, schools and others to make this transition as smooth as possible.

In 2020-21, local authorities will continue to have some flexibility on how school funding is distributed locally and in consultation with schools. This will allow for a smooth transition toward the NFF.

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