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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