PARLIAMENTARY WRITTEN QUESTION
Schools: Finance (14 July 2017)

To ask the Secretary of State for Education, if she will estimate the cost to the public purse of ensuring that no school receives a reduction in funding as a result of the national funding formula in the 2018-19 financial year.

Asked by:
Mike Kane (Labour)

We are providing an additional £1.3 billion for schools across 2018-19 and 2019-20 to support the introduction of the national funding formula from April next year. Along with the funding we had already committed for schools at the 2015 Spending Review, this will mean the core schools budget rises from just under £41 billion in 2017-18 to £43.5 billion by 2020. The additional investment means that, over the next two years, we will be able to provide for a 0.5% a year per pupil increase for every school. Full details of the arrangements are set out at:
https://www.gov.uk/government/speeches/justine-greening-statement-to-parliament-on-school-funding.

Answered by:
Nick Gibb (Conservative)
24 July 2017