Funding Formula in Telford

The introduction of the new school funding formula is good news for Telford schools as they are set to benefit with increased funding well above the national average increase.

School funding under the new formula is based on individual needs and characteristics of the schools. It tackles the inequalities that existed under the previous mechanism.

The formula gives a significant boost for schools that are currently least well-funded and those schools with high numbers of pupils starting with low attainment.

Using this new means of allocating funding, Government figures show that Telford schools will receive an increase in funding of 7.4%, starting from April 2018.

There has been a lot of inaccurate noise about school funding, but in Telford if we take time to look at the figures, we can see that this fairer funding formula is welcome news for our schools.