The Secretary of State for Education yesterday set out the future arrangements for school and high needs funding. In an oral statement to Parliament, she confirmed the introduction of a national funding formula for schools and for pupils with high needs from the 2018-19 financial year. Further details of the funding formulae allocations will be published in September.

The Government is also making available additional funding of £1.3 billion, on top of existing spending plans, in 2018-19 and 2019-20.  As a result, core funding for schools and high needs will rise from almost £41 billion in 2017-18 to £42.4 billion in 2018-19, and to £43.5 billion in 2019-20.

DfE will shortly publish the schools funding operational guide for 2018-19 and the baselines for local authorities’ spending in the current year. The operational guide on high needs funding will be published in September, as in previous years. In the meantime, DfE can confirm that in 2018-19 local authorities will receive, as a minimum, 0.5% more in 2018-19 and 1% more in 2019-20 compared to what local authorities told us they planned to spend in 2017-18, subject to some technical adjustments explained in what is being published.

Further information can be found at https://www.gov.uk/government/news/13bn-for-core-schools-budget-delivers-rise-in-per-pupil-funding.