Paragraph 2 Primary and secondary schoolsI1
England and Wales
Subject to paragraphs 3 and 4, the guaranteed funding level is to be calculated as follows for the funding period—
where the relevant number of pupils is the same as the relevant number for the previous funding period, the guaranteed funding level is A,
where the relevant number of pupils is lower than the relevant number for the previous funding period, the guaranteed funding level is A - (B x C),
where the relevant number of pupils is higher than the relevant number for the previous funding period, the guaranteed funding level is A + (B x C);
where—
A is, in respect of the funding period, the redetermined adjusted budget share for the previous funding period multiplied by 0.985 in respect of primary schools and secondary schools,
B is, in respect of the funding period, the difference between the relevant number of pupils for the previous funding period and the funding period,
C is, in respect of the funding period, the mean value of funding per pupil in the school’s redetermined adjusted budget share for the previous funding period (calculated using pupil numbers on 21st January 2010) multiplied by 0.985 x 0.80 in respect of primary schools and by 0.985 x 0.875 in respect of secondary schools.
Annotations
Commencement
- I1
Sch. 4 para. 2 in force at 15.3.2011, see reg. 1(1)