Agenda item

Early Years funding formula 2022/23

Minutes:

Kamaljit Kaur presented the paper on the Early Years funding for 2022-23. Funding rates for 3-4 year olds had increased; two options had been modelled and put to the EY Task Group for consideration.  Final amounts would be confirmed following the January 2022 census. Option 1 increased 3-4 year old funding from £5.55 to £5.65 and 2-yr old funding to £5.94, representing a 5% deduction for central services. Option 2 raised 3-4 year old funding to £5.56 and 2 yr old to £5.90. The 95% pass-through rate was confirmed for both options. Option 1 received majority support from the EY Task Group members as noted in the paper.

 

In response to an earlier query from Maggie Waller, Kamaljit Kaur confirmed that the maintained nursery supplement MNF has slightly reduced for 2022-23 to just under £699k due to a reduction in pupil numbers.  Emma Lister asked for confirmation that the maintained nursery supplement funding included the 3.5% national uplift following the spending review. Kamaljit Kaur confirmed this was the LA’s understanding and explained why the reduction in MNS was smaller than expected from the drop in pupil numbers.

 

Forum members endorsed the EY Task Group recommendation and approved Option 1.

Supporting documents: