Early Years National Funding Formula (EYNFF)
Early Years National Funding Formula (EYNFF)
In December 2022 the Department for Education (DfE) published the Early years funding: 2023 to 2024 - GOV.UK (www.gov.uk)
This confirms that the Local Authority DfE allocations for 2023/24 has allowed us to increase our base rate funding to providers from the start of the summer term April 2023
Provider hourly rate:
• 2-year-olds 2023/24 - £6.36
• 3 & 4-year-olds 2023/24 - £4.77
Average deprivation hourly rate:
• 2-year-olds 2023/24 - N/A
• 3 & 4-year-olds 2023/24 - £0.08