Issue - decisions
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19/01/2018 - School Funding Formula 2018/19 (EX3394)
Resolved that:
· The school formula for 2018/19 is set as per the National Funding Formula factors and funding rates set out in paragraph 6.
· For schools that gain funding under the new formula, additional funding is capped at 3% per pupil (as per the National Funding Formula).
· For schools that lose funding under the new formula, a minimum funding guarantee of an additional 0.2% per pupil increase is applied (this is the maximum affordable).
This decision is not subject to call in as:
· the item is deemed as an Urgent Key Decision as set out in Rule 5.4.7 of the Constitution.
therefore it will be implemented immediately.