
The Education Services Grant will replace the Local Authority Central Spend Equivalent Grant (LACSEG) and the relevant element of the local authority formula grant from April 2013.
Worth £1.04bn in its first year, equating to £15 per pupil, the grant is being introduced to account for the fact that a growing number of schools are now academies, outside of local authority control.
It is being financed by a cut in local government funding, because the Department for Education wants to put an end to the “double funding” that occurs when councils continue to receive money for services and functions that have been devolved to academies.
Register Now to Continue Reading
Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's Included
-
Free access to 4 subscriber-only articles per month
-
Email newsletter providing advice and guidance across the sector
Already have an account? Sign in here