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<p>This government is committed to providing a world class education system for all
children and has invested significantly in education to achieve that.</p><p> </p><p>Including
the additional funding for teachers’ pay and pensions, funding for both mainstream
schools and high needs is £2.9 billion higher in 2024/25, compared to 2023/24. The
overall core school budget will total £60.7 billion in 2024/25, which is the highest
ever level in real terms per pupil. This means school funding is set to have risen
by £11 billion by 2024/25, compared to 2021/22.</p><p> </p><p>Each year, the government
publishes an assessment of schools’ costs and funding increases in the Schools’ Costs
Technical Note. In the most recent publication, the department’s analysis shows mainstream
school funding rising by 7.6% in 2023/24 compared to the previous year, while costs
were estimated to have risen by 6.7% at the national level. This analysis reflects
averages across all schools in England.</p><p> </p><p>Through the Dedicated Schools
Grant, York is receiving an extra £2.0 million for mainstream schools in 2024/25 compared
to 2023/24, taking total school funding to over £125.5 million. This represents an
increase of 2.0% per pupil compared to 2023/24, and an increase of 13.4% per pupil
compared to 2021/22 (excluding growth funding). On top of this, all schools will receive
additional funding through the Teachers’ Pay Additional Grant and Teachers' Pension
Employer Contribution Grant.</p><p> </p><p>The precise funding and cost increases
that individual schools in York, and across the country, will face depend on each
school’s unique circumstances and the decisions that it has made about how to deploy
its funding. The national funding formula is designed to fund each school according
to its relative needs, and is updated annually to reflect how those needs change over
time.</p><p> </p>
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