The School and Early Years Finance (England) Regulations 2012 No. 2991

SCHEDULE 4 MINIMUM FUNDING GUARANTEE

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.