Formal Approval of Early Years Funding Formula 2024/25
February 7, 2024 Delegated Decisions by Cabinet Member for Children, Education & Young People’s Services (Cabinet member) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to formally approve the Early Years Funding Formula for 2024/25, passing on funding increases to providers and setting hourly rates for 3 and 4-year-old provision at £5.30 and for 9-month to 2-year-old provision at £6.21, while also implementing new funding for eligible working parents of children in those age groups.
Full council record
Purpose
The local authority is required to
set a funding formula for 2- year
old and for 3 and
4 year old provision.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 7 Feb 2024 |
| Subject to call-in | Yes |