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<p>We have announced details of the final National Funding Formula for schools, which
will be implemented from 2018-19. Under the new formula, schools in Harborough constituency
will receive £66.3 million in 2018-19; they would receive £68.0 million in 2019-20
if there were no changes in pupil numbers or characteristics. This is an increase
of 3.2% in 2018-19 and 5.8% in 2019-20, compared to their 2017-18 baseline. Schools
in England will receive £33.2 billion in 2018-19 and would receive £33.6 billion in
2019-20, on the assumption of no changes in pupil numbers or characteristics. Budgets
after 2019-20 will be determined in a future spending review.</p>
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