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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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 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

  • 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

  • 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 schools

  • 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)

  • 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

  • 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

  • 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

  • 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

  • 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


Summary of funding paid outside your GAG


More information

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

  • Academy enquiry service:

    academy.questions@education.gsi.gov.uk


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