Telford & Wrekin’s Cabinet approves funding increase for pupils
Schools in Telford and Wrekin will receive more funding per pupil, after Telford & Wrekin Council’s cabinet approved the school funding formula for 2023/24.
At their meeting on Thursday 5 January, the cabinet agreed the funding formula for schools, which will deliver an average increase in funding per Telford and Wrekin pupil of 5.9%.
The increase brings the total dedicated school grant fund for Telford and Wrekin in 2023/24 to £159 million for all schools in the borough, including academies, with the exception of nursery schools, special schools and independent schools.
The new funding will come into effect for maintained schools from 1 April 2023 and for academies from 1 September 2023.
At the cabinet meeting, members also agreed to continue to support, where appropriate, the borough’s growing schools by basing funding on estimated pupil numbers, rather than actual numbers, to avoid the delay in money reaching those schools where pupil numbers are expected to increase.
Councillor Shirley Reynolds, cabinet member for Children, Young people and Families, said:
“We are determined to continue to invest in schools, having spent over £36 million in our school estate in recent years, to support them to provide the best educational experience for every child and young person in our borough.
“We are allocating the school funding based on estimated pupil numbers to ensure there is no delay in our growing schools receiving the funding due to them, as their pupil numbers increase.”
