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RESOLVED:
 

1.1.        
To approve the statutory
spend of £319.1m of DSG funding for the period
2024-25,
 

1.2.        
To approve the provisional funding formula for
Croydon schools for the financial year 2024/25 for both maintained
schools and academies in line with the recommendations voted by
Schools Forum on 6 November 2023,

1.3.        
To support the local authority strategic decision to
transfer £1.2m from the school’s block to the High
Needs through the disapplication process as part of DfE High Needs
Safety Valve DSG Deficit Recovery Strategy,

1.4.        
To note the DfE optional factors values reported in
appendix D and E. Appendix E provides additional insight into the
how Schools Forum evaluated the three main DfE options for each
factor shown appendix D before selecting the final factor which
forms the bases underlying the draft budget for 2024/25,

1.5.        
To finally note the three key changes required in
setting the 2024/25 school’s budget.