Having taken account of the comments made by
Executive Members, and all the relevant information provided at the
informal meeting of Executive Members on 11 January 2022, the Chief
Executive Officer agreed to use his emergency delegated powers to
approve that the Council applies:
i. A Minimum Funding Guarantee (MFG) of +2% in the calculation of
special school budgets for the 2022/23 financial year.
ii. An assumed inflationary increase of +2% to the Banded Funding
allocations (top up / element 3 allocations) received by mainstream
and special schools and academies for the 2022/23 financial
year.
iii. An assumed inflationary increase of +2% to the Banded Funding
allocations (top up / element 3 allocations) received by
alternative provision settings for the 2022/23 financial year
iv. An assumed inflationary increase of +2% to the factor elements
within the Special school contextual funding.