The School and Early Years Finance (England) Regulations 2012

Regulation 19

SCHEDULE 4 MINIMUM FUNDING GUARANTEE

1.  In this Schedule—

(a) references to the number of pupils exclude those funded by a sixth form grant and those in places which the local authority have reserved for children with special educational needs;

(b) the “relevant number” of pupils for the previous funding period is the number of pupils at the school on 6th October 2011;

(c) the “relevant number” of pupils for the funding period is the number of pupils at the school on 4th October 2012;

(d) references to a redetermined adjusted budget share for the previous funding period must be reduced by the following—

(i) any amount included pursuant to regulation 20 (sixth form funding) of the 2012 Regulations,

(ii) any amount allocated to the school pursuant to Schedule 3 of the 2012 Regulations where such amount has been deducted from the schools budget under Part 4 (Pupils With High Needs) of Schedule 2,

(iii) any amount the local authority estimates the school would have been allocated for places the authority reserves for children with special educational needs in the previous funding period had regulation 14(2) applied to the previous funding period,

(iv) any amount allocated to the school pursuant to regulation 9(3)(b) (nursery classes) of the 2012 Regulations,

(v) any amount included in respect of paragraph 8 (rates) of Schedule 3 of the 2012 Regulations, and

(vi) any amount allocated to the school pursuant to paragraph 1 (single sum) of Schedule 3.

(e) references to a redetermined adjusted budget share for the funding period include the effect of any alternative arrangements approved by the Secretary of State under regulation 25, but are reduced by the following—

(i) any amount included pursuant to regulation 20 (sixth form funding),

(ii) any amount allocated under regulation 14(2) (places in special schools and places reserved for children with special educational needs),

(iii) any amount included in respect of paragraph 10 (rates) of Schedule 3,

(iv) any amount allocated to the school pursuant to paragraph 1 (single sum) of Schedule 3,

(v) any amounts allocated pursuant to regulation 10(1) (formula for determining budget shares) which would have been within a class or description of the expenditure listed in Schedule 2 to the 2012 Regulations that the authority deducted in the previous funding period, and

(vi) any amount allocated to the school under regulation 10(3) (early years single funding formula);

(f) for the purposes of this Schedule—

(i) where a school opened during the previous funding period, its redetermined adjusted budget share for the previous funding period is the amount it would have been had the school opened on 1st April 2012,

(ii) where a school opens during the funding period, its redetermined adjusted budget share for the funding period is the amount it would have been had the school opened on 1st April 2013,

adjusted in accordance with sub-paragraph (d) or (e), whichever is applicable.

2.  Where is less thanthen the guaranteed funding level iswhere—

• A is the redetermined adjusted budget share for the funding period,

• B is the relevant number of pupils in the funding period,

• C is the redetermined adjusted budget share for the previous funding period multiplied by 0.985, and

• D is the number of relevant pupils in the previous funding period.

3.  Where a new school opens during the funding period and is a replacement for two or more schools being discontinued during the funding period its guaranteed funding level must be calculated in accordance with paragraph 2, subject to paragraph 4.

4.  In calculating the guaranteed level of funding under paragraph 3 the relevant number of pupils in the previous funding period under paragraph 1(b) is the sum of the relevant number of pupils in the discontinued schools on 6th October 2011.