Correspondence

Letter to academy trusts: funding updates for 2014 to 2015

A letter sent to academy trusts outlining arrangements for funding allocations for the 2014 to 2015 academic year.

Documents

2014 insurance survey

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Details

A letter sent to academy trusts on 14 February 2014 outlining arrangements for funding allocations for the 2014 to 2015 academic year, including:

  • introducing voluntary risk-pooling for insurance from September 2014
  • removing double-funding for SEN LACSEG
  • confirming the ESG rate
  • a new protection against funding changes outlined in the letter for academic year 2014 to 2015
  • confirming the timing of pre- and post-16 allocations
  • introducing flat profiling of payments from 2014 so academies receive their revenue funding payments in 12 equal instalments