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Written Question
Schools: Finance
Monday 21st July 2014

Asked by: David Mowat (Conservative - Warrington South)

Question to the Department for Education:

To ask the Secretary of State for Education, what her proposals are for the adoption of a revised funding formula for schools.

Answered by David Laws

We remain committed to the introduction of a national funding formula after the next spending review, when we can give certainty to schools about how the formula will affect them over a number of years. In the meantime, our allocation of an extra £390 million to the least fairly-funded local authorities in the country will make a real difference to those local authorities, such as Warrington, that gain from the proposals.

According to our indicative figures, Warrington will gain an additional £500,000 in 2015-16.