Regulation 18 Transitional funding

A local education authority shall determine the budget share of a former grant-maintained or grant-maintained special school so as to include an amount for transitional funding.

The amount referred to in paragraph (1) is the amount if any by which the school’s protected level of funding in respect of the financial year beginning on 1st April 2000 determined by the local education authority in accordance with Schedule 3 is greater than the school’s adjusted budget share for that financial year.

For the purposes of this regulation, a school’s adjusted budget share is its budget share determined in accordance with this Part but not taking into account the effect of this regulation and regulations 15 (budget share adjustments: pupil numbers), 16 (budget share adjustments: non-pupil number factors), regulation 20 (excluded pupils) and 21 (additional provisions for redeterminations).

A local education authority shall include factors or criteria in their formula which satisfy the requirements of this regulation.