Formula Funding 2018-19 released

School Business Managers, Headteachers
Access individual school budget information and three-year budget planning

The individual school budget information for 2018-19 has now been published on the intranet. 

This information has been published later than last year as we have been awaiting confirmation from the Education and Skills Funding Agency (ESFA).

Following the publication of the National Funding Formula (NFF) by the Department for Education, a consultation was undertaken with all schools in November 2017 to get views on the Funding Formula for Oxfordshire. The outcome was overwhelmingly in favour of moving towards the introduction of the National Funding Formula for 2018-19. This approach was endorsed by School Forum on 22 November 2017. The Oxfordshire formula has therefore been set to align as closely as possible to the National Funding Formula.

Please bring this to the attention of your colleagues involved in constructing your school’s budget plans. 

If you require any further help or guidance on budget construction, contact your Education Financial Services (EFS) Adviser directly.