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RESOLVED
that:-
 
(a
)     Cabinet approve the
proposals for the continuing implementation of the National Funding
Formula for 2024/25 as agreed previously, in line with the
recommendation of the Schools Forum meeting of 22 November 2023 and
the results of the subsequent consultation exercise held with
schools;
 
(b
)     Cabinet approve the
transfer of up to 0.5% funding from the Schools’ Block to the
High Needs Block, in line with recommendation of the Schools Forum
meeting of 22 November 2023 and the results of the subsequent
consultation exercise held with schools; and
 
(c
)     approval of the
final formula values be delegated to the Executive Director of
Children Young People & Education and Cabinet Member for
Inspiring Young People in line with the principles agreed at
Schools Forum on 22 November 2023, once the final budget
allocations are released by the Department for Education in
December 2023.