Funding 2013-2014

2013/14 Allocations

 

• End of Year Allocations 2013-14 *Revised 20th March 2014* 
• Commentary on End of year allocations *REVISED*

 

Previous versions:

• December funding allocations 2013-14 (including autopayments)

 

• September funding allocations 2013-14

 

• July funding allocations 2013-14 (including autopayments).

 

• Revised funding allocations 2013-14 (3 June)

 

• Original funding allocations 2013/14 (22 February)

 

Following government consultation and regulation, school funding is going through fundamental reform from 1 April 2013.

There is one funding formula for all BARNET schools and academies which is much simpler than previously.  It has the following elements:

• Lump Sum (£122,000 per school)
• Age Weighted Pupil Unit (AWPU)
• Free School Meals (FSM6)
• High Deprivation (IDACI)
• English as an additional language (EAL)
• Mobility

Schools are protected by the minimum funding guarantee which will give schools at least 98.5% of their 2012/13 per pupil amount.  Schools which gain from the new formula will be capped at 1.5% per pupil.

Other funding sources for schools for 2013/14 include:

• Early Years (3 and 4 year olds free entitlement)
• Post 16 learner funding (6th forms)
• High Needs funding - resourced provision (ARPs), Special Schools, Statements
• Pupil Premium

Pupil Premium rates 2013/14

Free School Meals (FSM6)	£900 per pupil  (£953 for R to Y6)
Looked After Children	£900 per pupil
Service Children (SC)	£300 per pupil