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EFA current objectives and future plans. Sue Baldwin: Director of Academies Education Funding Agency 28 June . Overview. The Education Funding Agency Academies Assurance and accountability Funding reform Capital Wrap up. Some of our current priorities. - PowerPoint PPT Presentation
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EFA current objectives and future plans
Sue Baldwin: Director of Academies Education Funding Agency 28 June
Overview The Education Funding Agency
Academies Assurance and accountability Funding reform Capital Wrap up
• We fund schools and colleges to educate
children and young people in England. To do
this we:
• fund academies directly and ensure they meet the
terms of their funding agreements;
• fund local authorities to fund maintained schools;
• fund sixth forms, colleges and training providers
to educate 16 to 19-year-olds, and those with
learning difficulties or disabilities to age 24 with
LDA;
• provide bursaries to disadvantaged young people;
and
• deliver building and maintenance programmes for
schools and sixth-form colleges, including project
managing new builds for schools in greatest
need.
Our remit
provid
e £56bn a year
Implementing reform of schools funding
including high needs
Improving systems and service to our
customers
Rolling out the Priority School Building
Programme
Surveying the condition of the education estate in
England to help target future funding
Some of our current priorities
• Three opened in 2002-03 • It took four years to open the first 27
academies• More than 300 academies opened
in September 2012• There are now more than 3,000• 51 per cent of all secondary schools
are now academies• More than 2 million pupils are now
taught in academies• 136,000 teachers employed in
academies – 30 per cent of the frontline school workforce
• Three local authorities where all secondary schools are academies
The number of academies
has accelerated rapidly:
Continued growth
Funding reforms : 2014-15
Freedoms and accountability
Service to academies
Supporting pre opening
Academies: our priorities for the year
A quick summary of funding reform 2014/15Structure of 2013/14 reforms stay in place but: At least 80% of delegated funding distributed by pupil-led
factors Basic entitlement must be at least £2,000 for primary and
£3,000 for secondary Different lump sums allowed for primary, middle and
secondary Lump sum capped at £175,000 Minor changes to mobility, looked-after children and prior
attainment factors New sparsity factor for small schools in sparsely populated
areas Flexibility for schools with temporary falling rolls – but only for
“outstanding” schools or academies
EFA Capital - overview EFA Capital Division formed from PfS and YPLA Mix of allocating funding & direct delivery of capital
projects, as well as providing advice on school design and delivery
James Review: reported in April 2011, and dictated much of the current structure & function of EFA Capital
The post-James Review world Property Data Survey Programme Free Schools programme Academies Capital Maintenance Fund Priority Schools Building Programme Central management of major programme delivery
EFA Capital – key functions Targeted response to condition need Meet policy objectives Strategic assessment of condition need Meeting Basic Need Distribute formulaic funding to schools & revenue funding to LAs
for legacy PFIs Voluntary Aided sector funding More efficient delivery, driving out better value Property issues requiring approval
EFA Capital – programmesName Value Access
Free Schools Demand-led Proposers bid in x3 p.a.
Priority School Building Programme
£2.4bn 261 schools already selected for programme
Academies Capital Maintenance Fund
c.£350m (current FY) Academies bid in: currently 2 windows p.a.
Targeted Basic Need £900m LAs bid in (announcement imminent)
UTCs Demand-led Proposer groups bid in
Studio Schools Demand-led Proposer groups bid in
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