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Budget Briefings for Governors 2014-15 Financial Year

Budget Briefings for Governors 2014-15 Financial Year. toilets. timings. fire exits. phones. breaks. confidentiality. Domestics. What are we going to cover?. Governor Responsibilities Context and Changes National formula Schools Block High Needs Early Years SOR

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Budget Briefings for Governors 2014-15 Financial Year

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  1. Budget Briefings for Governors 2014-15 Financial Year

  2. toilets timings fire exits phones breaks confidentiality Domestics

  3. What are we going to cover? • Governor Responsibilities • Context and Changes • National formula • Schools Block • High Needs • Early Years • SOR • Messages from our Partners – Schools Choice

  4. Governor Responsibilities

  5. Governor Responsibilities Statutory responsibilities • detailed in Education Act 2002, Section 21 Responsibilities include: • Managing the school budget • Decidinghow to spendthe school budget • Insuringaccurate school accountsare kept • Determining the number and typeof staff • Acting as a critical friendto the Headteacher by providing advice, challenge and support

  6. Governor Responsibilities:Critical Friend Statutory responsibility to support and challengethe Headteacher • Resources deployed appropriately • Financial performance achieved • Avoidance on loss and waste • Favourable audit assessments • Achieve educational outcomes

  7. Governor Responsibilities: DfE School governing bodies should focus on three core functions: • ensuring financial resources are well spent. • setting the vision and strategic direction for the school. • holding the head teacher to account.

  8. Financial Context • Cash Frozen Dedicated Schools Grant (DSG) - Guaranteed Unit of Funding will remain at £4,676.45 for the fourth year. • Comprehensive review by the Government. • Pupil Premium will continue to be funded as an allocation outside of DSG • Minimum Funding Guarantee minus 1.5%,Gains are capped at 6.25% • SCC Funding pressures • New FSM Arrangements

  9. Pupil Premium • This is the only source of growth in funding to schools. New Rates • £1,300 for primary-aged pupils • £935 for secondary-aged pupils • £1,900 for all looked after children • £300 for service children

  10. Pupil Premium

  11. Suffolk County Council Future Funding Challenge

  12. New arrangements for Free School Meals (FSM) • From Sept 2014 every child in R, Y1 and 2 will be offered a FSM. • Suffolk has £1.7m capital funding to help upgrade Kitchens and Dining facilities. - this will be allocated based on LA assessment of need. - insufficient funding for all schools needs so will be based on greatest need.

  13. New arrangements for Free School Meals (FSM) - Revenue • The government has announced that Schools will be allocated a flat rate of £2.30 per meal taken. Allocated on School Census next year. • No clear guidance on funding in 2014-15. • We assume that this year an allocation will be made based on January Census with an assumed % taken up. • We assume this will be allocated as a targeted grant that we will passport through to schools. • We assume this funding will be available to allocate before September.

  14. Key Points • DSG will be allocated in three blocks; • These blocks are not ring-fenced • Funding can be moved between blocks – with School Forum approval. Schools Total DSG Early Years High Needs

  15. Academies • Schools Accountancy Team calculates academy budgets in the same way as Local Authority (LA) maintained schools • Funding recouped by Education Funding Agency (EFA) who calculate academy budgets • EFA uses same Formula as LA • Extra funds for additional responsibilities • Funded from September to August to reflect the academic year This session is primarily aimed at maintained schools, but still applies to academies General Annual Grant (GAG)

  16. AnyQuestions ?

  17. Schools Block

  18. National Data set • All data used is provided by the EFA. • It is based on returns submitted by schools • The main driver is pupil numbers • October census • With the exception of pupil numbers all other data comes in as a % profile Overall Pupil led funding is 88.40%

  19. Government Review • The DfE has reviewed all the LA 2013-14 pro forma submissions • With a view to ensuring that all schools are moving in the same direction, ready for a National formula. • As a result the DfE are making a few minor changes

  20. Locally Agreed Changes • Deprivation – moving funding to FSM band, from the IDACI bands. • Removing Mobility factor. • Introducing the Sparsity factor • Rent – Exceptional Factor

  21. LCHI SEN in 2014-15 Low Cost, High Incidence (LCHI) – measure has changed for secondary. WAS – Not attaining level 4 in English and Maths. NOW – Not attaining level 4 in English or Maths. Nationally this will pick up an extra 10% of pupils. In Suffolk it means an additional 6,600 pupils now qualify.

  22. How the sparsity factor will work School B 5 miles 4 miles School A 2 miles 3 miles New Factor - Sparsity 1 mile 2 miles 1 mile 1 mile School C Key 1st nearest school Distance to 2nd nearest school

  23. Sparsity Conditions Primary – Less than 150 pupils on roll and a minimum average of 2 miles. Middle - Less than 600 pupils on roll and a minimum average of 2 miles. Secondary – Less than 600 pupils on roll and a minimum average of 3 miles. Allocation for qualifying schools of £100,000 tapered to number of pupils on roll.

  24. Sparsity and MFG • Sparsity Funding will be removed from Schools baselines (like the Lump Sum). • The affect of capping and MFG means most schools receiving sparsity won’t see any cash benefit. But it may mean that your school no longer needs MFG. 0.64% of funding allocated through this factor.

  25. Pupil Led Factors1) A basic per-pupil entitlement - Primary unit £2,606 - KS3 unit £3,809 - KS4 unit £4,213 75.33% of funding allocated through this factor 2) Deprivation 6.54% of funding allocated through this factor.

  26. 3) Looked After Children • £925 - cash sum for each looked after child, the same for primary and secondary 0.09% of funding allocated through this factor 4) Low Cost, High Incidence SEN • Not linked to individual pupils • For Primary - less than 78 points at Early Years Foundation Stage - £885.00 • For Secondary -level 3 or below in English or Maths at KS2 - £1,110.00 5.94% of funding allocated through this factor 5) Mobility • Will not be used in the 2014-15 Suffolk formula 6) English as an Additional Language (EAL) • £1,500 for each eligible pupil for their first year in education, the same rate for primary and secondary 0.49% of funding allocated through this factor

  27. Other Factors 7) Lump Sum • The same for all schools, whatever size or phase. • Value - £114,000 9.47% of funding allocated through this factor 8) Split Sites • Suffolk had to develop a new policy that was clear and transparent. • To assist schools with transport costs between sites. • Primary - £1,000 Secondary - £5,000 0.02% of funding allocated through this factor 9) Rates • Schools will be funded on actual costs as now. 1.45% of funding allocated through this factor 10) Exceptional Factors - Rent • Paid on actuals to those qualifying schools. 0.03% of funding allocated through this factor

  28. Minimum Funding Guarantee and Capping • DfE has: • set the MFG -1.5% 2014-15 (same as 2013-14) • stated that MFG will continue in 2015-16 but have not specified at what level • The LA will need to apply a cap per pupil to fund the MFG, the cap for 2014-15 is 6.25% • Schools with MFG, £ per pupil is protected from falling by no more than -1.5% • Compares 2013-14 MFG £ Per Pupil with 2014-2015 MFG £ Per Pupil • MFG does not protect the overall budget, if pupil numbers fall funding falls.

  29. What does this mean for schools? • Similar funding in 2014-15 to 2013-14 • Does have implications for the future • Differences between formula budget and cash budget do matter

  30. AnyQuestions ?

  31. Capital • Funding remains at low level for both schools and LA • Projected Funding to LA • Plus additional £1.7m for FSM policy • SCC priorities remain: • School Organisational Review • Urgent Health and Safety condition work • Place provision

  32. Devolved Formula Capital Rates (non VA schools) • VA Schools hear direct from their diocese • Buildings are legal responsibility of aiding bodies/governors • Any spend on buildings seen as a donation to aiding bodies funds • VAT not recoverable, however may be changes to VAT treatment • 10% contribution from the schools own budget

  33. High Needs Block

  34. Recap High Cost pupils in Mainstream Settings The ‘Place–Plus’ approach comprises two parts: Funding in Delegated Budget (Schools Block): The first £10k for pupils with Special Education Needs (SEN) has to be met from the schools’ own delegated budget Top up funding (High Needs Block): Funding for pupils costing over £10k p.a. can be claimed from the Local Authority. Amount is based on the assessment of individual pupil needs SLU’s, HIUs and SCCs are paid at £10k per commissioned place and top up can be claimed from the LA. Top up is based on the assessment of pupil needs. This is paid at 25% of full value for SSCs.

  35. Recap Dual Placements - Special School This is where the special school is listed on the statement as the main school. Special School receives: From SCC Full place funding of £10,000 Top up funding for the full year based on the needs of the individual child even if the child leaves permanently. £500 admin fee per dually placed child. Mainstream School receives: From Special School £15,000 pro rata based on the no. of sessions delivered.

  36. Dual Placements - Mainstream School • This is where the Mainstream school is listed on the census as the main school and is dually placed at a Special. • Mainstream School receives: SCC • Schools Block funding – i.e. the first £10,000 • Top up funding for the full year based on the needs of the individual child. Cannot claim if child leaves permanently • £500 admin fee per dually placed child • Special School receives: Mainstream School • If under subscribed on commissioned places - £5,000 Top up pro-rated for the actual sessions attended • If over subscribed on commissioned places - £15,000 pro-rated for the actual sessions attended • The Mainstream School is responsible for processing the payment

  37. Dual Placements with a PRU

  38. Early Years Block

  39. Early Years Block – Changes from 2013/14 • The LA has increased the base rate payment to providers by up to 12.8%. • The LA has increased block payments to PVI providers - £1,665 (if based on school site) - £3,330 (if not on a school site). • There are revised arrangements for additional support for SEN.

  40. Early Years Block – High Needs Funding Revised arrangements for SEN • The changes to SEN will bring Early Years in line with Schools. • This means that the first £2,550 will be with the provider through their delegated budget. • Children whose needs cost more than £2,550 to support will need to apply to the LA for top ups.

  41. AnyQuestions ?

  42. Future Funding

  43. Budget Process Two Step Process • First Step: 2014-15 Budget • Detailed line-by-line • Agreed by governors by 31st March 2014 • Electronic copy to LA by 1st May 2014 • Submitted via AVCO

  44. Strategic Plans: 2015-17 Second Step: 2015-16 & 2016-17 Budgets High level plans: • focus on change, not detail • includes LA’s indicative assumptions • Only 2 versions: • realistic and worst-case • Governors to agree Strategic Plans by Summer half-term • Electronic copy to LA by 30th May 2014

  45. AnyQuestions ?

  46. Schools Organisation Review Revenue Funding: • National funding formula • Non recurrent funding Capital Funding: • LA funding • Devolved Formula Capital

  47. 2013-14 Transitions of Year Groups • Group 4 - Thurston pyramid • Primary schools: 2nd year of transition • Middle schools: Year of closure • High schools: Transition of Years 7 & 8 • Group 5 - Stowmarket/Stowupland pyramids • Primary schools: 1st year transition • Middle schools: 1st year transition

  48. Revenue – National Funding Formula Two fundamental principles retained: • Schools funded for pupils in school as pupil numbers change due to addition/loss of year group(s) during financial year • Financial protection for middle schools to facilitate breadth of curriculum and standards of progress and attainment prior to closure

  49. Revenue – National Funding FormulaPupil Numbers Year of transition • pupil numbers weighted using actual pupil numbers for April to August (5 m) and to reflect the new structure, revised pupil numbers for the school for September to March (7 m) • applies also to funding factors that are determined by pupil numbers (e.g. deprivation, EAL, LAC, low cost SEN, mobility) • middle schools have Y5 pupil numbers adjusted in first year of transition

  50. Pupil number calculation First Year of transition • Year 4 is repeated to represent the new Year 5 from September Second Year • Year 5 is repeated to represent the new Year 6 from September

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