Decision details

RESOLVED to:

1)    Note the overall Dedicated Schools Grant settlement for 2024-25;

2)    Note the Schools Block allocation for 2024-25;

3)    Note the National Funding Formula multipliers as set out in Appendix 2 of the report;

4)    Approve the local mainstream formula multipliers set out in Appendix 3 of the report as the basis for calculating Derbyshire school and academy budgets;

5)    Approve a Minimum Funding Guarantee of 0.5% per pupil for 2024-25;

6)    Approve that no cap on individual school gains will be applied in 2024-25;

7)    Approve the request from the Schools Forum to de-delegate/top-slice funds from LA maintained primary and secondary schools’ 2024-25 budgets for the services as listed in Appendix 4 of the report;

8)    Note the Pupil Growth Fund & Falling Rolls Fund settlement and the budget decisions approved by the Schools Forum; and

9)    Approve that any matters of detail regarding the calculation of school budgets be delegated to the Executive Director for Children’s Services and the Director of Finance & ICT in consultation with the Cabinet Member for Education.