3. The Early Years National Funding Formula (EYNFF) for 3- and 4-year-olds
Oxfordshire implemented a universal base rate for all types of providers and to maximise the rate, only mandatory supplements i.e., the deprivation supplement was included in the formula.
Introduction of a quality supplement as a mechanism to continue to fund additional costs for teachers’ pay and pension in maintained schools (including academies) for 2023-24 was proposed and agreed. This is primarily a mechanism for ensuring schools receive budget for pay decisions that have been taken nationally. Supplementary funding is received into the LA to fund this.
Please indicate if you agree or disagree with the continuation of the Teachers’ Pay and Pension element through the Quality Supplement?