1. The Department for Education has consulted local authorities,
academies, schools representatives and other partners on academy funding
for 2011-12 via the Academy Funding Sub-Group of the School Funding
Implementation Group. We have also taken into account views expressed on
the School Funding 2011-12 consultation paper in reaching our conclusions.
2. We have decided to retain for 2011-12 the current methodology for
allocating the Dedicated Schools Grant. Therefore, we will retain the
replication methodology for calculating academy budgets for a further year.
3. In the longer term, our intention is to develop a simpler and more
transparent funding system which helps to reduce the funding differences
between similar schools in different areas. We are clear that becoming an
academy should not bring about a financial advantage or disadvantage to a
school but rather, enable academies to have greater freedom over how they
use their budgets. We will continue to work with key external partners to
consider how best to bring this about.
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