# The School and Early Years Finance (England) Regulations 2025, Paragraph 2

Extent: E+W

Where (A/B) is less than (C/D) then the guaranteed funding level is (C/D) x B where—
A is the redetermined adjusted budget share, calculated by the local authority, 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 the minimum funding number; and
D is the relevant number of pupils in the previous funding period.

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Source: https://www.legislation.gov.uk/uksi/2025/42/schedule/3/paragraph/2 (the official version)
Page: https://openlegislation.uk/school-and-early-years-finance-england-regulations-2025/schedule-3/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.