All credit to the Department for Education (you don’t often find that phrase on my blog) for the information they have distributed on the proposed changes to the National Funding Formula. This spreadsheet that allows you to work out whether you are a “winner or loser” in the changes caught my eye.
The proposed percentage change in funding is 6.8% which would equate to about another £350,000 per annum. This will be capped at a 3% change, in the first year, so nearer £150,00 increase. This will just about offset the increased salary, pension and inflation costs. In short we will be standstill rather than needing to cut. I feel for colleagues who are at the other end of the spectrum. Whilst fairer funding is right; agreeing what is fair is much more difficult and when budgets are already reducing it feels particularly harsh.
John Tomsett has written on a number of occasions about the impact of low levels of funding and the measures the school has had to take over a number of years. The spreadsheet is so easy to use I thought I’d have a little look. I hope I don’t cause any offence by including the data, a 4.4% increase, here. All schools data is publically available and that’s as it should be.
The Weald School in West Sussex where Peter Woodman is the Headteacher sees a projected increase of +5.3%, again capped at 3%. Peter infamously led the “Worthless Campaign” that hit the headlines recently.
I’ve had a look at some other schools where I know the headteachers and the picture looks much more difficult. Remember any loss is capped at 1.5% per annum. If you would like to work out the impact on your own school’s budget (remember all these figures are provisional) the link to the page is here; scroll down to the spreadsheet labelled “Impact of the proposed schools NFF.xlsm” You may want to pour yourself a glass of mulled wine before you look.
It’s worth remembering that even if your funding is projected to increase you may still be looking for significant savings.