Question to the Department for Education:

To ask the Secretary of State for Education, what assessment his department has made of the adequacy of the level of funding for schools in Liverpool Walton.

The 2022 Autumn Statement announced significant additional core schools’ funding, increasing by £2 billion in 2023/24 and 2024/25, over and above totals announced at the Autumn Budget and Spending Review 2021. Taken together with the Dedicated Schools Grant allocations, core schools’ funding for both mainstream and high needs schools is increasing by £3.5 billion in 2023/24, compared to 2022/23. The core schools’ budget will total £57.3 billion in 2023/24 and £58.8 billion in 2024/25.

The Institute of Fiscal Studies has said that this additional funding will fully cover expected increases in school costs up to 2024 and will take spending per pupil back to at least 2010 levels in real terms. That means 2024/25 will be the highest ever level of spending on schools in real terms per pupil.

Mainstream schools in the Liverpool, Walton constituency are attracting an extra £2.5 million in 2023/24 compared to 2022/23 through the schools national funding formula (NFF). This is an increase of 2.2% per pupil in their pupil-led funding. Schools in Liverpool, Walton will attract over £87 million, based on the schools NFF. Constituency figures are based on an aggregate of school allocations.

All schools in Liverpool, Walton will also receive additional funding through the Mainstream Schools Additional Grant. This additional funding is worth an average 3.4% per pupil in 2023/24.

Final school level allocations will be announced in spring 2023.