Decision Maker: Corporate Director of Children and Young People's Services
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
To increase the provider base funded rate
• the universal and extended funded entitlement for 3
The Early Years National Funding Formula
provides a local authority funding rate for three and four olds in
North Yorkshire at the funding floor level of £4.38 per hour.
This funding rate provides the calculation basis for the 2020/21
three and four year old Early Years DSG allocation. The local
authority hourly funding rate covers both the costs of provider
funding and any central services related to early years provision
that are provided free at the point of delivery. The level of
funding allowed to be retained is 5%. On the 17th December 2020,
the DfE announced an increase in the early years’ local
authority funding rate for the 2021/22 financial year for three and
four year olds of 6p per hour to £4.44 per hour and 8p per
hour for disadvantaged two year olds to £5.36 per hour.
The three and four year old funding rate paid to early years providers consists of a base funding rate and funding supplements. A funding consultation has been held with Early Years providers in order to gain views on the proposal to increase the 2021/22 base provider funding rates by the level of increase received in the Local Authority early years DSG funding rate. The recommended rates were favoured by the majority of respondents.
The funding levels received from the DfE for the other early years funding rates have remained unchanged for 2021/22.
Publication date: 24/02/2021
Date of decision: 23/02/2021