Updated: Updated to reflect changes to the 2014 to 2015 funding formula.
This continues on from the significant reforms for 2013 to 2014 and takes into account the feedback from the review of these changes. It includes more information to allow work to begin modelling and consultation so that we can continue to collectively achieve the benefits of issuing earlier budgets.
The additional information document provides information about the different formula factors and funding streams maintained schools and academies may have received in the financial year 2013 to 2014 (or academic year 2013 to 2014), what will change for 2014 to 2015 and the reason for any change. It also sets out how funding pupil growth works in different types of maintained school and academy.