School Funding

In response to the campaign on school funding, David said:

"I am proud that we are delivering on the manifesto commitment to put an end to the postcode lottery that created huge differences in funding between similar schools in different parts of the country. Reforms to the school funding system will balance fairness and stability for schools. It will also build on the improved standards delivered since 2010.

I am encouraged by the £1.3 billion boost for core school funding, meaning school funding will rise from almost £41 billion this year to £42.4 billion in 2018/19 and £43.5 billion by 2019/20.

The new national funding formula will increase the basic amount allocated for every pupil and will allocate a minimum funding level per pupil for both secondary and primary schools. This will help to target the lowest funded schools. It will provide a minimum cash increase for every school of 1 per cent per pupil by 2019-20, with the most underfunded schools seeing rises of 3 per cent per pupil in 2018-19 and 2019-20. I am also encouraged that every school will receive a lump sum of £110,000 to help with fixed costs.

I am delighted that, if these reforms are implemented in full, there will be a 7.2% increase in funding for the Buckinghamshire schools block when compared to 2017-18. This is one of the largest increases in the country and will be a substantial boost to local schools. It represents a cash increase in respect of each individual school, with all secondary schools attracting at least £4,800 per pupil and all primary schools attracting at least £3,500 per pupil by 2019-20."