# The School Finance (England) Regulations 2011, Regulation 19: Minimum funding guarantee

Extent: E+W

(1) Subject to paragraph (3), in determining and redetermining budget shares for schools maintained by them, a local authority must ensure—
(a) in respect of primary and secondary schools, that an amount equal to the guaranteed funding level is included, calculated in accordance with paragraphs 1–4 of Schedule 4;
(b) in respect of special schools, that the formula must provide for a minimum amount of funding, calculated in accordance with paragraph 5 of Schedule 4.
(2) For the purposes of determining budget shares, paragraph (1) does not apply to any school—
(a) opening during the funding period, except in the circumstances set out in paragraph 4 of Schedule 4;
(b) closing during the funding period in circumstances where a local authority have redetermined that school’s budget share during that period.
(3) A local authority may make changes to the operation of this regulation and to the operation of Schedule 4 in determining and redetermining budget shares where authorised to do so by the Secretary of State or their schools forum under regulation 25 (additional arrangements).

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Source: https://www.legislation.gov.uk/uksi/2011/371/regulation/19 (the official version)
Page: https://openlegislation.uk/school-finance-england-regulations-2011/regulation-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.