SCHEDULE 4MINIMUM FUNDING GUARANTEE

2.

Where(A/B)mathis less than(C/D)maththen the guaranteed funding level is(C/D)×Bmathwhere—

  • 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 relevant number of pupils in the previous funding period.