Minutes:
The Cabinet considered a joint report of the Corporate Director of Children and Young People’s Services and the Corporate Director of Resources which provided an overview of the forecast Dedicated Schools Grant School Block and proposed local formula for allocating funding to individual schools in 2023/24, with the proposal that the council continues to align the local mainstream primary and secondary formula funding in 2023/24 with the National Funding Formula (NFF) (for copy of report see file of minutes).
In Moving the report Councillor T Henderson, Portfolio Holder for Children and Young People’s Services informed Cabinet that the report set out details of the funding being made available to County Durham’s mainstream primary and secondary schools in the next year and the proposed formula for the allocation of funding to individual schools.
In Seconding the report Councillor R Bell, Deputy Leader and Portfolio Holder for Finance welcomed the additional £1.1bn of funding nationally being provided by government to core school funding next year and the additional £1.5bn being allocated through the mainstream skills additional grant in 2023/24.
Resolved:
That the recommendations in the report be approved.
Supporting documents: