Budget Top Ups and School Transfers
With effect from April 2013, budget top ups and school cash transfers will be delivered via both monthly and quarterly payments to school bank accounts. An updated explanatory note is provided below:
Any funding queries should be directed by email to the address provided against each funding stream as shown in the top up date file as follows:
When using the Budget Top Ups excel file, please can schools ensure they press the “Reveal All” button after having entered their 7 digit cost centre (e.g. NEB0000) to ensure all of their information is shown.
Maintained schools should also ensure that all top ups are loaded against the appropriate subjective/ Consistent Financial Reporting (CFR) code which is shown on the website info.
2015-16 Primary and Secondary School and Academy Budgets
Please note that the above file shows indicative budgets as submitted to the EFA on 31st October 2014. This was prior to the Cabinet decision on the two middle schools and so shows a full year budget. The file originally published stated the cap level to be the same as for 14-15 4.52% - this has now been amended to reflect the cap used in the calculations for 15-16 which is 6.65%.
2014-15 Special Schools Budgets
A consolidated information sheet showing special school budgets for 2014-15 is now available. Please enter your establishment number on the first worksheet in the excel file below (a list is available in the document if you are not sure) - this will populate the schools information which you can view and print as required:
Primary and Secondary School and Academy Budgets
Indicative 2015-16 Primary and Secondary School and Academy Budgets are shown above.
Please enter your establishment number on the first worksheet in the excel file below (a list is available in the document if you are not sure) - this will populate the summary sheet plus supporting pages which you can view and print as required:
2014-15 EYSFF (Early Year Single Funding Formula) 3 & 4 Year Olds Indicative Budgets
A consolidated information sheet showing indicative EYSFF budgets for 2014-15 is now available. A separate briefing note is also available for guidance. Please enter your establishment number on the first worksheet in the excel file below (a list is available in the document if you are not sure) - this will populate the schools information which you can view and print as required:
Important Funding Information for Schools with Sixth Forms
Information on the changes to 16-19 funding for the 2014 to 2015 academic year are set out in the letter from Peter Mucklow on 10 December and are explained in a series of slides from the Education Funding Agency (EFA).
- areas where funding policy is changing
- funding per student update
- 16-19 allocations for 2014 to 2015
- high needs funding.
The slides can be found at the following link:
Should you have any queries please send them to: YPCentralSW.EFA@education.gsi.gov.uk
Universal Infant Free School Meal Capital and Revenue Allocations 2014/15 (LA Maintained Schools)
Update 10 July 14:
All Nourish Schools will be invoiced for Universal Infant Free School Meals funding allocations in October 2014. This will be calculated on 87% eligibility of pupils on roll on the January 2014 School’s Census. In line with Department for Education funding, invoices will be adjusted in the third term according to actual take up.
Update June: Following the Government announcement regarding Universal Infant Free School meals capital funding, the workbook below provides the amount allocated to eligible maintained schools. (Voluntary Aided Schools should contact their Diocese). The allocations are based on a per pupil (R, Y1 & 2) basis with a lump sum of £5000 for infant schools (figures based on October 2013 Census).
The allocations will be devolved to schools under the schools transfer arrangements in the first couple of months of the 2014/15 financial year.
Guidance is being sought from the DfE regarding some schools who are imminently converting to academy status regarding their capital allocations.
Information on revenue funding for 2014-15 has been provided by the Department for Education. A summary of the key points is provided in the document below along with the link to the relevant Government website:
2014-15 School Budgets - January 2014 Information
Schools and Academies Indicative Budget for 2014-15
2013-14 School and Academy Budgets
A consolidated information sheet showing confirmed and indicative budgets for 2013-14 is now available. A separate briefing note is also available for guidance. Please enter your establishment number (a list is available if you are not sure) on the worksheet below - this will populate the summary sheet plus supporting pages which you can view and print as required:
Schools Block Funding Formula 2013-14
High Needs Funding
Full details including online application forms are now available on the High Needs Funding webpage.
Early Years Funding
Please visit the Early Years website where further information is available.
We are also providing a lookup tool for early years schools as follows:
Growth Fund - Updated 7 October 2014
The eligibility criteria for the use of the Growth Fund is the same in 14-15 as it was in 13-14:
Pupil Premium - Updated 27 June 2014
Allocations of MAIN* Pupil Premium Grant for 2014-15:
The MAIN* Pupil Premium Grant will be paid 5/12ths in the October Transfers and 7/12ths in the January Transfers.
*FSM6, Service Child & Post-LAC
If a school thinks they have been given the wrong amount of Pupil Premium we suggest contacting the EFA (Education Funding Agency). The allocations are given to NCC by the EFA who base their information on census returns. Please see conditions of grant link above to determine which census returns are used for FSMever6, Looked after children (LAC), post-LAC, Service Children (SC).
Summer Schools 14-15
The Summer Schools Allocation will be paid 50% in the July Transfers and 50% in the November transfers. Academies receive payment direct from EFA.
Update: 30 April 2014
The Department for Education has published the Pupil Premium 2014-15 Conditions of Grant for local authorities.
You will wish to note the following important changes for 2014-15:
- the cohort of looked after children who attract the premium includes children looked after from the first day of care rather than, as previously, only those who had been looked after for six months or more;
- funding for looked after children, for 2014-15, will be retained by the virtual school head (VSH) in the local authority rather than passed down to schools as previously. We would expect that once the VSH has identified and agreed the programme of activity with the school the pupil attends, the funding would be passed down;
- a looked after child will attract the Pupil Premium of £1,900, but will not additionally attract the “Ever 6 FSM” premium of £1,300 or £935. A looked after child can still attract the Service Child Premium if eligible; and
- the conditions of grant for 2014-15 make it a requirement for local authorities to pass down pupil premium funding to special PRUs and non-maintained special schools. It was considered that the previous arrangements, which gave LAs flexibility to retain this funding or pass it down to schools, may not result in the best use of resources as these schools were receiving funding for some of their pupil premium pupils but not others. Special academies and free schools, and AP academies and free schools will receive funding directly from the Education Funding Agency.
Update: January 2014
Extra funding has been allocated by the Department for Education through the main deprivation Pupil Premium. This has been paid in the February transfers. The additional funding adds £53 to take the 2013-14 deprivation rate up to £953. Please note this additional funding has not been added into the tool below.
Year 7 Catch Up Funding 2013-14
We have now received the Year 7 Catch Up Funding Allocations for 2013-14 which will be distributed in the March transfers.
Primary PE and Sports Grant 2013-14
Devolved Formula Capital
Devolved formula Capital (DFC) funding allocations for 2014-15 have been provided by the Education Funding Agency. There are three relevant documents available on the GOV.UK website:
For non-VA maintained schools the allocations will be provided in the June 14 transfers.
Budget Planning Guide
We have produced a guide to budget planning which explains the process and factors to be taken into account when producing a school budget:
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.