National Funding Formula
I have now seen figures (sent to schools as part of the consultation) which show the losses local schools would have taken if the new National Funding Formula had been implemented in 2016-17:
- SEATON PRIMARY SCHOOL (right) £34,000 (-2.7% of total allocation)
- COLYTON GRAMMAR SCHOOL £81,000 (-2.9%)
Axe Valley Community College funding would have been almost the same as existing (+0.1%), and Colyton Primary School would have seen a small (+0.7%) rise.
As Independent County Councillor Claire Wright said, the new system is supposed to be ‘fairer’ – but many East Devon schools are losing out! We need to press our MP, Neil Parish, to ensure that local schools are protected from cuts when the new system finally comes in next year.
The Department for Education’s consultation documents can be found here.