The Cabinet Member: Children, Young People & Families presented the report of the Director: Education & Skills. The report reviewed the local funding formula for mainstream schools, following consultation with the schools and the Schools Forum.
The report detailed the allocations for Telford & Wrekin. Telford & Wrekin had, for a number of years, mirrored the national funding formula at a local level. The report outlined the process for growing schools using estimated pupil numbers to avoid lag.
In response to a question from the Leader of the Liberal Democrat Group, it was confirmed that budgets remained extremely tight for all schools. Schools were having to look at savings which impacted on the provision provided for children.
RESOLVED that the 2023/24 funding formula for Telford & Wrekin mainstream schools, as set out in paragraphs 4.1 to 4.8 and summarised at paragraph 4.9 of the report be approved.