Page last updated 12 October 2017
 

Budget Information

2017 to 2018 Budget Proposal forms

2017 to 2018 Early Years Single Formula Funding

Please note:
The two year old rate has been corrected in the budget tool to show £5.10 per hour, in effect from 1st April 2017 (update 20th April 2017).

5p has been added to the base rate for the Early Years Single Funding Formula for 2017 to 2018 from September 2017. Please use the INDICATIVE budget tool below for your budget forecasting purposes. The hours used in the model are taken from the last three funding blocks* and the actual funding you receive in 2017 to 2018 will depend on the hours submitted for each funding block within 2017 to 2018.

You can change the hours in the tool for your own forecasting purposes to see the impact of more or less hours claimed.

 * the Spring 2016 data in this model is raw (for example, has not undergone data cleansing). Please overtype with your own figures if you wish).

2017 to 2018 Special School Budgets 

The tool provides information on the place funding and numbers which are fixed for the year.

The tool also gives an estimate of the top ups funding and numbers based on the October 2016 matrix returns. This will be the level of funding provided from April 2017. The top ups will be revised and payments backdated using the October 2017 matrix return.

Please direct any queries bbaines@northamptonshire.gov.uk

2017 to 2018 Indicative Budgets for Mainstream Primary and Secondary School and Academies

The Indicative Budget Tool for 2017 to 2018 currently shows the estimated formula budgets for schools based on the October census 2016 data.

This second version includes the Final Formula Funding (fixed not indicative) the SEN Unit places funding (fixed not indicative) and elements of the indicative budget:

  • SEN Unit Top Ups
  • Growth Fund (amended to remove some April 2017 to August 2017 payments shown for maintained schools which were not correct)
  • Sixth Form Funding April to August 2017
  • Pupil Premium Grant Main Free School Meal 2016 to 2017 allocation as at Q3 position
  • High Needs Funding
  • Devolved Formula Capital

Other Indicative information will be provided in March:

  • Early Years Formula 

2016 to 2017 Budget Proposal Forms

2016 to 2017 Early Years Single Funding Formula

15p has been added to the base rate for the Early Years Single Funding Formula for 2016 to 2017. Please use the INDICATIVE budget tool below for your budget forecasting purposes. The hours used in the model are taken from the last three funding blocks* and the actual funding you receive in 2016 to 2017 will depend on the hours submitted for each funding block within 2016 to 2017. A section has been added to the tool to allow you to forecast different scenarios based on your own estimates of hours, for 2016 to 2017 and 2017 to 2018 (making the assumption that that the formula does not change).

* the Spring 2016 data in this model is raw (for example, has not undergone data cleansing). Please overtype with your own figures if you wish).

2016 to 2017 Mainstream school and academy budgets

Seminar Presentation slides on Schools Budgets by Jonathan Lewis, Assistant Director Learning Skills & Education.

Mainstream school and academy budgets for 2016 to 2017 are available in the excel look up tool below (UPDATED MARCH 2016):

For information on the formula funding factors and more, please read the NCC schools budget guidance document:

Rates

The schools team receive a number of queries on rates each year (also known as business rates and NNDR (National Non Domestic Rates)). Below is some useful information:

  • The rates are set by the VOA (Valuation Office Agency)
  • The VOA provide information on how they value buildings at: GOV.UK: Valuation office agency and business rates non domestic rates
  • The rates are billed by your local district or borough council (the billing agency)
  • Charitable reliefs are determined by your billing agency and usually require regular request forms to be submitted

Maintained primary and secondary schools only:

  • Rates in your budget are set by NCC based on the latest billing information at the time of setting the budget
  • Northamptonshire County Council pay the schools bills
  • NCC via LGSS invoice the school the amount allocated to them for rates in their budget (i.e. no change in the bill is passed on to the school)

Any variance in this area is included in the DSG monitoring reports presented to forum.

2016 to 2017 Special school budgets

Adjustments to 2015 to 2016 top ups and 2016 to 2017 top ups based on the January 2016 matrix returns.

Special school budgets for 2016 to 2017 are available in the excel look up tool below:

The tool provides information on the place funding and numbers which are fixed for the year.

The tool also gives an estimate of the top ups funding and numbers based on the October 2015 matrix returns. This will be the level of funding provided from April 2016. The top ups will be revised using the October 2016 matrix return.

Please direct any queries bbaines@northamptonshire.gov.uk

2016 to 2017 Indicative budgets for mainstream primary and secondary school and academies

The indicative budget tool for 2016 to 2017 currently shows the estimated formula budgets for schools based on the October census 2014 data.*

Budget planning tools

The latest version of the tools available for schools to use in their budget planning are available below. Please save the file in a location of your choice and enable macros (if requested) when you open it.

We would strongly recommend that you print any notes or other guidance included with the tools which will help you in utilising the information required.

Cash flow monitoring

All schools are advised to monitor their cash flow throughout the year to ensure that they have sufficient funds in their bank account. An example of a cash flow spreadsheet is available below:

In the event that a school has to apply for an accelerated cash advance, they will be required to provide a copy of the above spreadsheet.

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