Barnet’s schools will see their budgets protected in 2018/19 after the council’s Children, Education, Libraries and Safeguarding Committee agreed funding proposals.
The plans will see a transitional funding formula used for Barnet’s schools over the next two years to give schools more time to adjust budgets before the full implementation of a national funding formula in 2020/21.
In 2018/19 the council has worked to develop funding arrangements which will see no school in Barnet receive less money per pupil than they did in 2017/18.
The proposals were developed in consultation with Barnet’s Schools Forum, and were agreed by Barnet’s CELS committee when it met on 16 January.
Councillor Reuben Thompstone, Chairman of the Children, Education, Libraries and Safeguarding Committee, said: “A great deal of effort has gone into developing funding arrangements for 2018/19 which protect school budgets.
“It is very good to see that as a result of the council’s work and extra investment nationally, no school in Barnet will receive less money per pupil than they did in 2017/18.”