Summary
This regulation establishes the statutory framework for allocating Dedicated Schools Grant and other education funding from central government to local authorities and schools in England. It prescribes detailed formulas, consultation requirements, and expenditure classifications for determining school budgets, pupil premiums, early years funding, and sixth form allocations. The regulation covers the entire process from budget determination (due February 28) through to individual school budget shares, including specific rules for special educational needs, growth funding, falling rolls, deficit carry-forwards, and area cost adjustments (ACA).
Reason
Deleting this regulation would immediately halt the legal framework for distributing billions in school and early years funding, creating chaos for local authorities, maintained schools, academies, and early years providers unable to plan budgets, pay staff, or maintain services. The regulation ensures vulnerable pupils (disadvantaged, SEN, etc.) receive targeted support and provides the necessary statutory basis to allocate funding according to the Childcare Acts and Education Acts. While complex and bureaucratic, the resulting funding collapse would harm children's education, disrupt teacher employment, and create legal uncertainty across England's entire education system.