Decision

The Cabinet has decided to approve the new Early Years Single Funding Formula for the 2024-25 fiscal year.

Analysis

outcome: The Cabinet unanimously approved the recommendations for the new EYSFF for 2024-25.

summary: The decision involves the approval of the new Early Years Single Funding Formula (EYSFF) for the 2024-25 fiscal year, which will affect the distribution of funding to the early years sector, support for disadvantaged children, those with additional needs, and central council functions.

topline: The Cabinet has decided to approve the new Early Years Single Funding Formula for the 2024-25 fiscal year.

reason_contentious: The issue may be contentious due to the potential impact on the early years sector, including how funding is allocated to support disadvantaged children and those with additional needs, as well as the implications for central council functions. Disagreements may arise over the sufficiency and distribution of funds.

affected_stakeholders: Stakeholders affected by this decision include early years education providers, children (especially those who are disadvantaged or have additional needs), parents, and council departments responsible for managing central functions.

contentiousness_score: The contentiousness score could vary depending on stakeholder perspectives, but without specific details on stakeholder reactions, it is difficult to assign a precise score. Assuming some level of debate over funding allocation, a score of 5 could be a placeholder.

political_party_relevance: There is no explicit mention of political parties or political influence on the decision in the provided text.

URL: https://democracy.bcpcouncil.gov.uk/ieDecisionDetails.aspx?ID=732

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose: The council receives the ring-fenced dedicated schools grant (DSG) to fund the early years funding formulae. The contents of the formula are highly regulated by the Department for Education (DfE). The council is to decide the local formulae after considering the recommendations of the Schools Forum.

Content: RESOLVED that: - Cabinet approve the new EYSFF for 2024-25 Voting: Unanimous Portfolio Holder: Children and Young People Reason The recommendation demonstrates a balanced position of the funding available for distribution to the early years sector, support for disadvantaged children and those with additional needs and funding required for central council functions.

Date of Decision: March 6, 2024