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Salford City Council - Record of Decision (Cabinet)
I Paul
Dennett, City Mayor, in exercise
of the powers contained within the City Council
Constitution do hereby
approve:
 
The
implementation of the new Early Years Funding Formula allocations
for
Early
Years providers as set out below:
 
o  
Base rate for 9 month to 2 year olds of
£10:00 per hour
o  
Base rate for 2 year old funding of
£7.35 (increase of £0.22p)
o  
Disadvantaged two year old supplement of
£0.50p per hour
o  
Base rate for 3&4 year old funding per hour to
£4.83 (increase of £0.20p)
The Reasons are:
To
enable Salford City Council to fulfil its duty to support the
delivery of Funded Early Years provision across the
City. 
Options considered and rejected were:
Not
applicable
Assessment of Risk:
Low
Risk
The source of funding is:
Dedicated Schools Grant – Early Years (DSG-EY)
Legal Advice obtained:
Not
applicable
 
Financial Advice
obtained: Beth Mitchell –
(Senior accountant) beth.mitchelle@salford.gov.uk  0161 793 3205
Under-2-year-old
funding
The introduction of this
funding is not expected to cause any issues, the costs of
administration etc will be covered by the retained balance of
allocation (calculated above for 26 weeks of the year) and still
reaches a 97% rate of pass out.  The
Under-2-year-old funding will be closely monitored throughout the
year along with the Early Years DSG budget as a whole.
 
2-year-old funding
The increase of £0.22 to
the base rate and introduction of the £0.50 supplement allows
a 97% pass out rate whilst the costs of administration etc will be
covered by the current balance per hour.  The 2-year-old funding will be closely monitored
throughout the year along with the budget.
 
3&4-year-old
funding
The £0.20 increase to the
base rate brings the rate plus supplement (identified in 2023/24)
to £4.83 per hour. The retained 3% will cover the costs of
administration of the service. The fluctuations of rates and hours
across the providers
will be closely monitored
throughout the year to ensure all nurseries receive the funds due
and that the budget is managed sufficiently.
Procurement Advice obtained:
Not
applicable
HR Advice obtained:
Not
applicable
Climate Change Advice obtained:
Not
applicable
The following documents have been used to assist the decision
process:
 

Early Years entitlements: local authority funding
operational guidance 2024-25

2024 to 2025 early years national funding formula: technical
note

Early years funding rates and step by step calculation 2024 to
2025

Easy Explainer Early years funding rates
Consultation results –
Provider survey 2024

 
Contact
Officer: David
Fielding                         
Telephone number:
0161 778 0707
 
The appropriate scrutiny to
call-in the decision is the Childrens Scrutiny Panel     

 

 
Signed:     Paul
Dennett                           
Dated:    05.03.24                                                 
           
  City Mayor
 
For Democratic
Services use only

 

This decision was
published on  05.03.24                                           

This decision will
come in force at 4.00 p.m. on 
12.03.24  unless it is called-in in accordance with the
Decision Making Process Rules.