Common Funding

From 1st April 2005, all grant-aided schools in Northern Ireland are funded under the arrangements set out in the Common Funding Scheme, using a Common Formula. This single formula replaces the seven separate formulae that had previously been used to fund schools.

This section details the following:

Common Funding consultations - Autumn 2007, and previous consultations undertaken in 2001, 2004 and 2006;
Information on legislation relating to Common Funding;
The Common Funding Scheme;
Central guidance on financial arrangements for controlled and maintained schools;
Information on the Initial Common Funding Formula allocations for schools in the 2005/06 financial year;
Information on the revised Common Funding Formula allocations for schools in the 2005/06 financial year following the re-calculation of the Teachers Salary Protection Factor;
Budgets for schools in 2006/07, including additional funding from the Children and Young People Fund;
Transitional arrangements.;
Budgets for schools 2007/08;
Budgets for schools 2008/09.