New early years national funding formula - consultation launched
September 5, 2016
The Department for Education (DfE) has launched a consultation on changes to the way the government funds free childcare and early years education for 3 and 4 year olds. This will have an impact on the amount of funding schools will receive for their nursery class.
The new funding formula will replace the current system, which is based on how much a council has historically spent rather than how much it actually costs to meet the local need.
The proposals include:
introducing a new early years national funding formula for 3 and 4 year olds
changing the way some local authorities fund the early years providers in their area
making sure that children with special educational needs or disabilities attract the extra funding they need
The new formula is based on 3 factors:
a ‘universal base rate’ of funding for each child, so that every local area is funded fairly for the core costs of delivering childcare
an ‘additional needs factor’, so that funding takes into account the extra costs of supporting children with additional needs to achieve good learning and development outcomes
the cost of providing childcare in different parts of the country
The consultation which closes on 22 September 2016 can be found here.
Kirklees Learning and Skill Service will prepare a briefing note to help schools and providers to engage with the consultation.