Transcript Finance briefing - bursar conference 2012

Children’s Services
Department
Primary Bursars Conference
26 January 2012
Glynis Hargreaves
Schools Finance Manager
2012/13 CSA Budget
• New spending pressures amount to £7.8m.
• £1.1m reduction in the departmental cash limit
• In total this is a £8.9m reduction in cash terms
• Savings proposed to date £5m
• Investment sought in social care and related services
• Goal - Financial sustainable model of service delivery
2012/13
Schools budgets
• DfE announced 0.1 % pa real terms increase in funding
over three years to cover increased pupil numbers and
Pupil Premium
• Minimum Funding Guarantee has been set at
• -1.5% per pupil for individual schools
• Excluding the impact of academies expect overall unit
cash values to remain unchanged in 2012/13 - there will
be increased pressure on headroom funding used to fund
central services
• Additional commitment for Early years PVIs £0.9m
• Pupil Premium introduced in 11/12 - £600 per deprived
pupil in 12/13 (in accordance with eligibility criteria, free
school meals (ever6) / LAC – Service Pupils £250
When will you know?
• Budget shares aim w/e 23th March
• Devolved mainstream grants and
permanent Headroom with budget share
• Pupil premium – with budget share
• 3 year planning model – asap afterwards
• Any further Headroom allocations ? –
Schools Forum decision -possibly May but
may be September
What will you know?
• Budget share – same unit values as last
year
• Devolved funding – permanent allocations
- same unit values as last year
• Pupil premium - £600 – FSM (Ever6)
Help us to help you
• Please make sure you to plan to meet
deadlines
– Your own work
– Heads approval
– Governors approval
Accountability
Pupil premium
• Schools must be able to demonstrate how
they have used pupil premium to improve
outcomes for the target group of pupils
Managing on reducing resources
• Challenging times
• Best value is vital
– Prioritising spending within tightening budgets
– Good workforce deployment
– Procurement – the quality you need at the
best price
Schools Finance course – later in the year
2012/13 and beyond
Consultation has taken place on the future of schools
funding
Proposed
• Changes to the way Local Authorities receive
funding from the DfE
• Changes to the way Local Authorities fund schools
• Similar changes for Academies
Changes to the national funding
formula
Blocks
• Schools (inc Academies and DSG LACSEG)
• Early years
• High Cost Pupils
• Central Services
Plus LA Formula grant (inc Formula grant
LACSEG)
National calculation
•
•
•
•
•
A basic pupil entitlement
Additional funding for deprived pupils
Protection for small schools
Area cost adjustments
EAL?
Local flexibility
Changes to the local funding
formula
Allowable factors
• Per Pupil
• Additional educational needs
• Rates
• Exceptional site factors
• Lump sums
Deprivation
•
•
•
•
Free school meals (FSM)
Ever FSM
Benefits data
Income Deprivation Affecting Children
Index (IDACI)
Schools Forum Working Group
Reviewing formula and devolved funding in
the context of the consultation proposals
1 Factors in the Formula exc SEN
2 Devolved funding
3 SEN factors in the Formula
4 High cost pupils