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<p>My Rt hon. Friend, the Secretary of State, announced an additional £1.3 billion
for schools and high needs across 2018-19 and 2019-20, in addition to the schools
budget set at Spending Review 2015, on 17 July. As a result, core funding for schools
will rise from almost £41 billion in 2017-18 to £42.4 billion in 2018-19 and £43.5
billion in 2019-20, representing an increase in the total schools budget of over 6%
between this year and 2019-20. This means funding per pupil will now be maintained
in real terms for the remaining two years of this Spending Review.</p><p> </p><p>We
have now announced details of the new national funding formulae, meaning that from
April 2018 funding will finally be allocated on a fair and transparent basis. We have
announced the funding that will be allocated for all schools in England, including
schools in Hampshire, under the formula. Full details are available at: <a href="https://www.gov.uk/government/publications/national-funding-formula-tables-for-schools-and-high-needs"
target="_blank">https://www.gov.uk/government/publications/national-funding-formula-tables-for-schools-and-high-needs</a>.</p><p>Together
these reforms will give schools a firm foundation that will enable them to continue
to raise standards, promote social mobility, and give every child the best possible
education.</p>
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