Primary and secondary schools formula funding
We fund individual schools in line with a funding formula set locally within a government-set framework. The formula is regularly reviewed. Each year there is a formal annual consultation programme with all maintained schools during the autumn term.
Potential changes to the formula are considered during the year by consultative groups of headteachers, trade union and professional association representatives alongside senior Surrey County Council representatives.
Special schools formula funding
Special schools' funding from the local authority (LA) comprises three components:
- a sum per place - the number of places is agreed in advance for the academic year. (For Academies must also be agreed with the Education and Skills Funding Agency.) Places are divided between pre-16 and post-16 but the number of pre-agreed places in both categories are funded at £10,000 per year.
- an additional sum per place in lieu of the former teachers' pay and pensions grant.
- a per pupil top up for each pupil. Where a pupil enters or leaves the school during the year (or their assessed needs, ages or circumstances change) the top up is calculated on the basis of the number of term days they are on roll. For residential schools, there are separate top up rates for day and residential provision.