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<p>The government is committed to introducing national funding formulae for early
years, schools and high needs, so that funding is better matched to need.</p><p>We
will introduce a national funding formula for early years from financial year 2017-18.
A consultation on the early years formula closed on 22 September, and we will set
out our response later in the autumn.</p><p>We will introduce national funding formulae
for schools and high needs from financial year 2018-19. We are considering the options
carefully, taking into account the need to give schools and local authorities stability.
We will put forward our detailed proposals later in the autumn, including our proposals
for the transition to the formulae. Following a full consultation, we will make final
decisions and confirm arrangements in the new year.</p>
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