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a)   
Noted the Department for Education's proposed changes to school
revenue funding arrangements for 2025-26, as set out in this
report.
 
b)   
Approved the proposals for implementing the local funding formula
arrangements as set out in this report to:
·      
Implement the National Funding Formula rates for both primary and
secondary schools in 2025-26 as set out in Appendix 1.
·      
Implement a minimum funding guarantee (MFG) at the top of the range
published by the DfE, subject to affordability, for 2025-26 as set
out in paragraph 5.19.
·      
The methods of managing affordability as set out in paragraphs 5.21
to 5.24 of the report.
 
c)   
Endorsed the Growth Fund values set out in paragraph 5.11 and the
criteria as set out in Appendix 2 and the proposed revision in
paragraph 5.13 of the report.
 
d)   
Noted the de-delegation of funding to support the Education
Functions as set out in Section 7 of the report.