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1.   
Noted the Department for Education's (DfE) proposed
changes to school revenue funding arrangements for 2026-27, as set
out in this report.

2.   
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 2026-27
when published by the DfE.
Implement a minimum funding
guarantee (MFG) at the top of the range published by the DfE,
subject to affordability, for 2026-27 as set out in paragraph
5.15.
The methods of managing
affordability as set out in paragraphs 5.16 to 5.19.

3.   
Endorsed the Growth Fund values set out in paragraph
5.10 and the criteria as set out in Appendix 4.

4.   
Noted the de-delegation of funding to support the
Education Functions, as set out in Section 7.