Warwickshire schools have been handed a boost in the government’s local government provisional finance settlement which sets out the money that councils will receive in grants from central government.
In the announcement made today in the House of Commons, Warwickshire’s Schools Block Funding has increased by £18.4m, primarily due to a 0.85% increase in pupil numbers and a 5.5% increase in the per pupil funding rate which have increased the base budget for schools by £2.4m and £15.6m respectively.
Cllr Izzi Seccombe, Leader of Warwickshire County Council said:
“We welcome the settlement that the county has been given. The high standard of education available to our young people in Warwickshire remains a priority of the county council and the additional funding, in line with increased numbers of pupils, will mean that schools have the financial security to plan positively.”
Cllr Bob Hicks, Chair of Children and Young People Overview and Scrutiny Committee, said:
“Whilst we are naturally pleased that our schools will have an increase in budget to meet the demands of a growing population of school age children, we will always seek what is best for the county and continue to pursue funding streams that can further improve the education of our young people.”