Justine Greening, the newly appointed Education Secretary has released a written statement to parliament today. In the announcement, Ms Greening pledges her commitment to introducing fairer funding for schools on the basis of the school’s and children’s actual needs, rather than upon previous levels of funding.
Ms Greening noted that no local authority will have their 2017 to 2018 budget reduced from the 2016 to 2017 figures for the schools block of the dedicated schools grant (per pupil funding) or the high needs block (cash amount).
In addition, Ms Greening also confirmed that for 2017 to 2018 the minimum funding guarantee for schools will be retained, ensuring that no school faces a funding reduction of more than 1.5% per pupil in what it receives through the local authority funding formula.
A new approach would be needed, Ms Greening said, to tackle the imbalance in pupil funding across England; some of the best funded areas receive as much as £6,300 per pupil per year, compared to just £4,200 in the worst funded.