Funding outside your general annual grant 2015 to 2016 academic year
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Funding outside your General Annual Grant: 2015 to 2016 academic year. David Gardener-Haig. Common funding not included in the GAG. Rates. Rates are payable to your local authority in full on a financial year basis You are entitled to 8 0 % rates relief

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Rates
Rates academic year

  • Rates are payable to your local authority in full on a financial year basis

  • You are entitled to 80% rates relief

  • You can claim for the cost of national non-domestic rates (NNDR) once your academy has opened

  • Rates bills for new openers are adjusted to reflect how long the academy has been open in the financial year


Pupil premium
Pupil Premium academic year

  • A per pupil amount based on the number of eligible pupils on the January census

  • Paid on a financial year basis in quarterly instalments (July, October, January, April)

  • Brand new academies receive a pro rata payment from September (based on the October 2014 census) until the start of the new financial year in April


Pe and sports premium for primary schools
PE and sports premium for primary schools academic year

  • The DfE is spending over £450m on improving physical education (PE) and sport in primary schools

  • Payments will be made directly to academies in the autumn and summer terms


Pe and sports premium for primary schools1
PE and sports premium for primary schools academic year

  • Based on pupils in the January census (or October census for new openers)

  • Allocations calculated using the number of pupils in years 1 to 6, and reception pupils aged 5:


Universal infant free school meals uifsm
Universal Infant Free School Meals (UIFSM) academic year

  • All pupils in reception and years 1 and 2 are eligible

  • Funded per newly eligible pupil (based on a rate of £2.30 per meal in 2014/15)

  • Paid on an academic year basis in two instalments (summer term 2014 and July 2015)

  • An additional sum is available for small schools


High needs top up funding
High needs top-up funding academic year

  • Continues to be administered and paid by local authorities in 2015 to 2016

  • Usually paid monthly

Top-up to agreed level of need for high needs from commissioning LA

Institutional contribution to first £6000 of additional needs

Place funding in specialist setting

£10,000

(increase in AP place funding subject to consultation)

or

Basic entitlement


Basic needs growth funding
Basic needs growth funding academic year

  • Supports growth in pre-16 pupil numbers to meet basic need

  • The local authority sets qualification criteria and amounts in consultation with the schools forum

  • Applies to maintained schools and academies (except academies funded on estimates)


Falling rolls fund
Falling rolls fund academic year

  • Funding in advance of a temporary dip in population

  • Applies only to good or outstanding schools and academies

  • The schools forum agrees the criteria and is consulted on allocations

  • Mustrelate to local place planning


Capital
Capital academic year

  • Devolved Formula Capital (DFC)

    • Capital funding calculated on a formulaic basis

    • Based on the January census pupil count

    • Paid on a financial year basis in one instalment in the summer term

  • Academies Capital Maintenance Fund

    • Paid according to project needs



More information
More information academic year

  • Guidance on funding payments for academiesand published information on each of these funding areas available on GOV.UK

  • Academy enquiry service:

    [email protected]


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