Funding Formula 2013-14- EFA submission deadlines

Please take note of the various deadlines which will allow you to plan for the 2013-14 budget build:

All local authorities are to submit their proposed formula to the EFA by 31 October 2012.

The EFA will then look to review the formula and naturally compare to the previous version and the allocations to each of the school phases. There may be some dialogue between the EFA and the Councils over the following 6-8 weeks – in terms of clarifying the proposed formula.

The ‘final’ deadline which incorporates the October 2012 census pupil numbers and all changes as a consequence of any dialogue etc. is 18 January 2013.

The above deadlines will ensure schools have the maximum time to set robust budgets for the forthcoming financial year and ensure appropriate input from all stakeholders.

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