Early Years - National Funding Formula
In November 2018 the Department for Education (DfE) published the Early year's entitlements: local authority funding of providers – Operational guide 2019 to 2020. This confirms that the Local Authority DfE allocations in 2019/20 will remain at the current level overall, therefore there is no scope to increase the base rate funding to providers.
Provider hourly rate:
- 2-year-olds 2019/20 - £5.43
- 3 & 4-year-olds 2019/20 - £4.25
Average deprivation hourly rate:
- 2-year-olds 2019/20 - N/A
- 3 & 4-year-olds 2019/20 - £0.11
As agreed at School's Forum, in March 2019, the budgets for contingency and inclusion fund will reduce slightly to reflect this year's spend. This will enable an increase in funding available for deprivation.