Councillors welcome increase in school funding

Your local Councillors have welcomed the news that schools budgets in the Borough of Bury, including Ramsbottom, are to increase significantly over the next 3 years, despite recent scaremongering in the media.

The Budget report considered by the full Council meeting of Bury Council on 21st February provided details of the schools budgets for 2018/19, 2019/20 and 2020/21.

This highlighted overall schools funding will increase as follows;

2017/18 £170.5m
2018/19 £176.1m
2019/20 £178.6m
2020/21 £181.1m

The 2020/21 figures are based upon the introduction of a new National Funding Formula.   The 2018/19 and 2019/20 figures represent the transition to this formula.

Funding is therefore increasing overall, however there is a variation in terms of the impact on individual schools.  Some schools are seeing reduced pupil numbers over the next few years and this will therefore attract less funding.

All schools in Bury have now had a copy of the Department for Education’s proposed funding levels for the next 3 years which shows the increases in monetary and percentage terms that individual schools will receive.  Please contact us, or your school Headteacher or Chair of Governors for further details.