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<p>Funding for schools is at a record high. Per pupil funding is 50% more in real-term
than in 2000.</p><p>The introduction of the national funding formulae is supported
by significant extra investment of £1.3 billion across 2018-19 and 2019-20, over and
above the budget announced at the 2015 spending review. Core funding for schools and
high needs will rise from almost £41 billion in 2017-18 to £42.4 billion this year
and £43.5 billion in 2019-20. This will allow us to maintain school and high needs
funding in real terms per pupil for the next two years, and figures from the Institute
for Fiscal Studies show that real terms per pupil funding in 2020 will be at least
50% higher than in 2000.</p><p>The following table shows the impact of the fully implemented
national funding formula for the four metropolitan boroughs in South Yorkshire. These
figures are calculated as if the national funding formula had been implemented in
full in 2017-18, with no transitional arrangements.</p><p> </p><p> </p><table><tbody><tr><td><p>
</p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p> </p></td><td><p>Average
per pupil funding in 2017-18</p></td><td><p>Average per pupil funding under the full
national funding formula</p></td><td><p>% gain</p></td></tr><tr><td><p>Barnsley</p></td><td><p>£4,438</p></td><td><p>£4,839</p></td><td><p>9.0%</p></td></tr><tr><td><p>Doncaster</p></td><td><p>£4,515</p></td><td><p>£4,679</p></td><td><p>3.6%</p></td></tr><tr><td><p>Rotherham</p></td><td><p>£4,676</p></td><td><p>£4,810</p></td><td><p>2.9%</p></td></tr><tr><td><p>Sheffield</p></td><td><p>£4,406</p></td><td><p>£4,696</p></td><td><p>6.6%</p></td></tr><tr><td><p>National
average</p></td><td><p>£4,499</p></td><td><p>£4,657</p></td><td><p>3.5%</p></td></tr></tbody></table><p>The
Government recognises that many schools have worked hard to manage the impact of cost
pressures on their budgets up to this point. The department provides support, guidance
and tools to help schools get the best value from their resources, further details
of which can be found here: <a href="https://www.gov.uk/government/collections/schools-financial-health-and-efficiency"
target="_blank">https://www.gov.uk/government/collections/schools-financial-health-and-efficiency</a>.</p>
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