Purpose

The Cabinet will be provided with an update on the
school funding position and asked to approve the Dedicated Schools Budget (DSB) strategy and the
local school funding formula for 2025/26.

Content

Cabinet resolved to:
 
(i)  Note the indicative
allocation of Dedicated Schools Grant for 2025/26 as set out in
section 2 of the report;
 
(ii)  Approve the strategy
for the Dedicated Schools Budget as set out in section 3 of the
report;
 
(iii)  Approve, subject to
consultation with schools and the Schools Forum, the proposed
principles for the design of the Local Schools Funding Formula as
set out in section 4 of the report;
 
(iv)  Note the allocated funding
and strategy for the three other funding blocks as set out in
section 5 of the report; and
 
(v)  Delegate authority to the
Strategic Director, Children and Adults, in consultation with the
Strategic Director, Resources, the Schools Forum and the Cabinet
Member for Educational Attainment and School Improvement, to
approve the final 2025/26 school funding formula for submission to
the Department for Education.