The Financing of Maintained Schools (England) (No. 2) Regulations 2003

Regulation 15(1) – (5)

SCHEDULE 2 THE MINIMUM FUNDING GUARANTEE

1.  In this Schedule—

(a) references to the number of pupils excludes those funded by grant paid to the authority by the LSC under section 7 of the 2000 Act,

(b) the “relevant number” of pupils for a financial year is the number of pupils registered at the school and used for the purpose of determining the adjusted budget share for that financial year, save that where the authority has not exercised its discretion under regulation 8(3) to take the number of pupils in places which the authority recognises as reserved for children with special educational needs, or in nursery classes, into account in their formula, then the number of those places shall be added to the relevant number for the purposes of this Schedule;

(c) references to an initially determined adjusted budget share for the financial year beginning on 1st April 2003 include—

(i) the effect of any additional arrangement approved by the Secretary of State under regulation 28 of the 2003 Regulations, and

(ii) the effect of any redetermination of the school’s budget share for the financial year beginning on 1st April 2003 to take account of Additional Budget Support Grant paid by the Secretary of State under section 14 of the 2002 Act and any other funding allocated to the governing body of the school from such grant;but exclude the following—

(iii) any amount included in respect of paragraphs 8 and 29 of Schedule 1 to the 2003 Regulations;

(iv) any amounts included in respect of funding for named pupils which is deducted from a school’s budget share when that pupil leaves school, including amounts for pupil exclusions above that permitted by regulation 22 but not including amounts for the cost of providing free school meals.

(v) any amount included pursuant to regulation 12 of the 2003 Regulations;

(vi) any amounts included pursuant to regulations 17, 18, 22, 23, 24 and 25 of the 2003 Regulations; and

(vii) any amount included pursuant to regulation 15(1) and (4) of the 2003 Regulations; and

(d) where a school has opened after 1st April 2003 but before 1st April 2004, its initially determined budget share for the financial year beginning on 1st April 2003 for the purposes of this Schedule shall be the amount that it would have been had the school opened on 1st April 2003, adjusted in accordance with sub-paragraph (c).

2.  Subject to paragraphs 3 and 4, the guaranteed funding level shall be calculated as follows—

(a) where the relevant number of pupils for the financial year beginning on 1st April 2004 is the same as the relevant number for the financial year beginning on 1st April 2003, the guaranteed funding level shall be A;

(b) where the relevant number of pupils for the financial year beginning on 1st April 2004 is higher than the relevant number for the financial year beginning on 1st April 2003, the guaranteed funding level shall be the greater of either A + (B x C), or (D/E) X F;

(c) where the relevant number of pupils for the financial year beginning on 1st April 2004 is lower than the relevant number for the financial year beginning on 1st April 2003, the guaranteed funding level shall be A - (B x C)

where—

• A is the initially determined adjusted budget share for the financial year beginning on 1st April 2003 multiplied by 1.04;

• B is the difference between the relevant number of pupils for the financial years beginning on 1st April 2003 and on 1st April 2004;

• C is the mean value of funding per pupil in the school’s adjusted budget share for the financial year beginning on 1st April 2003 multiplied by 0.832 in respect of primary schools and by 0.91 in respect of secondary schools(1);

• D is the initially determined adjusted budget share for the financial year beginning on 1st April 2003;

• E is the relevant number of pupils for the financial year beginning on 1st April 2003; and

• F is the relevant number of pupils for the financial year beginning on 1st April 2004, multiplied by 1.034.

3.  Save where paragraph 4 applies, where the relevant number of pupils for the financial year beginning either on 1st April 2003 or on 1st April 2004, is 75 or fewer, then C shall be G/H multiplied by 1.04, where—

• G is the total funding within the initially determined adjusted budget share for the financial year beginning on 1st April 2003 determined on the basis of pupil numbers, and

• H is the relevant number of pupils for the financial year beginning on 1st April 2003.

4.  Where a school opens on or after 1st April 2004 and is a replacement for two or more schools being discontinued in the year beginning on 1st April 2004, its guaranteed funding level shall be (X/Y) x Z, where

• X is the sum of the adjusted budget shares for the discontinued schools for the financial year beginning on 1st April 2003;

• Y is the sum of the relevant number of pupils for the discontinued schools for the financial year beginning on 1st April 2003; and

• Z is the relevant number of pupils for the new school for the financial year beginning on 1st April 2004 multiplied by 1.034.

(1)

These figures are arrived at by multiplying the percentage of the budget share determined on the basis of pupil numbers by 1.04; (80% in respect of primary schools and 87.5% in respect of secondary schools).