I’m delighted that our schools are getting a 5.5 per cent increase in funding next year.
This is another step to getting fairer funding for Kent’s schools, which have for years received less money than schools in other parts of the country
Under the National Funding Formula, schools in Faversham and Mid Kent will see their allocation rise to over £55 million next year.
This is part of a three-year £14.4 billion package of investment for schools in England, announced by the Education Secretary last year.
The funding allocations will see total funding for schools in Faversham and Mid Kent increase from £50,021,320 in 2020/21 to £55,279,739 for 2021/22.
These figures are based on allocations under the National Funding Formula. It is up to Kent County Council to determine final allocations for each school in the constituency.
Minimum per pupil funding levels will ensure that every primary school receives at least £4,000 per pupil, and every secondary school at least £5,150 per pupil.
Two schools in Faversham and Mid Kent have also received funding under the Condition Improvement Fund for maintenance and improvement work.
I’m pleased the Government’s commitment to level up school funding is benefiting pupils here in Kent.