Full detail emerges of impact of National Funding Formula on East Riding Schools
Fri 16th December 2016
Detailed information has been compiled by Graham Stuart MP showing how schools in his constituency will benefit from the proposed new national funding formula announced by Education Secretary Justine Greening yesterday.
The national funding formula, the subject of a consultation which will run until March 2017, marks a major breakthrough as it will be based on an objective assessment of pupil need rather than historic funding choices. This will lead to significant increases in funding for the large majority of schools in Beverley and Holderness, which have been underfunded for many years.
The new data uses each school’s funding for the current academic year to show what it would be receiving if the new funding formula was in operation now. The formula will come into effect with a transitional year in 2018-19 before entering full operation in 2019-20.
The biggest winners in Graham’s constituency in cash terms are Hornsea School and Language College, which would receive an extra £248,000 (a 5.6% increase in its budget) and South Holderness Technology College, which would receive an extra £215,000 (3.5%). In percentage terms the biggest winners are Burton Pidsea Primary School, which would receive an extra 8.3% funding (worth £26,000/year) and the much larger Withernsea Primary School, which would receive an extra 7.9% (worth £161,000).
Speaking as he released the data, Graham said,
“People rightly expect pupil funding to be consistent and fair and my constituents have been shocked to learn of the huge variations between similar schools that exist under the current funding system. That’s why I made this a major priority when I was first elected and why I’m so delighted that the Conservatives have delivered on our manifesto pledge to deliver a fair system after years of stonewalling under Labour.
“The data shows how local schools will benefit – some of the big secondaries to the tune of hundreds of thousands of pounds. The most important thing for schools is the quality of teaching, and teachers’ salaries account for a large proportion of their total costs. This money will help to ensure high quality teaching for pupils across our area.”
Steve Lawrence, Head Teacher at Hornsea School and Language College, said:
