School funding formula- London Councils research

Meeting: 
MQT on 2016-02-22
Session date: 
February 22, 2016
Reference: 
2016/0577
Question By: 
Caroline Pidgeon
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor
Category: 

Question

What assessment have you made of the London Councils research that has forecast that London schools could stand to lose up to £260 million a year following the introduction of a new funding formula?

Answer

Answer for School funding formula- London Councils research

Answer for School funding formula- London Councils research

Answered By: 
The Mayor

I have not seen yet the methodology or data behind London Councils' research, but the boroughs are keen, as I am, to make strong case in responding to the new funding formula consultation. See MQ 2016/0575.