Budget Preparation 1: SBS Calculator Finalised for 2017/18
Posted on 24 February 2017 by Education Finance
At the School Forum meeting on 16th January 2017 the members of the forum voted against the recommendation to transfer the funding of £1.46 million from the Schools Block to the Central Block within the DSG that will cover the statutory duties provided by the Local Authority (note: this is new money to the Schools Block, but not new money to the Local Authority as a whole to support Education).
We have now received the following adjudication:
The Secretary of State’s adjudication is to uphold the dis-application request for the authority to receive the ESG funding of £1.46 million for 2017/18 for retained duties.
As a result, the webpage has been updated to show the approved School Budget Share Calculator. If you have already started your budget preparation, please review your figures to the new calculator – to ensure the information is correct.
N.B. FPS has not yet been updated to reflect the figures for 2017/18, but HCSS are currently working on this. There will be a follow-up blog entry to confirm both when this is available (anticipated within the next few days), and any related guidance.
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