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Written question asked by Munira Wilson (Liberal Democrat) on Thursday, 17 November 2022, in the House of Commons. It was due for an answer on Tuesday, 22 November 2022 (named day). It was answered by John Glen (Conservative) on Tuesday, 22 November 2022 on behalf of the Treasury.

Schools: Finance

Question

To ask the Chancellor of the Exchequer, with reference to paragraph 2.41 of the Autumn Statement 2022, published on 17 November 2022, if he will publish the methodology by which the core schools budget in England will receive an additional £2.3 billion of funding in 2023-24 and in 2024-25 and how that equates with the figures for schools published in table 2.1, after an adjustment is made for the removal of compensation for employer costs of the Health and Social Care Levy.

Answer

Overall core schools funding will increase by £2.3 billion in both 2023-24 and 2024-25. After adjusting Spending Review 2021 budgets down to account for the removal of the compensation for employer costs of the Health and Social Care Levy, this brings the core schools budget to a total of £57.3bn in 2023-24 and £58.8 billion in 2024-25.

£bn

2022-23

2023-24

2024-25

Spending Review 2021 Core Schools Budget

53.8

55.3

56.8

Spending Review 2021 Budget With Health and Social Care Levy Funding Removed

53.8

55.0

56.5

Additional Autumn Statement 2022 Funding

0

+2.3

+2.3

Autumn Statement 2022 Core Schools Budget

53.8

57.3

58.8

Secondary information

Type
Written question
Reference
89910
Session
2022-23
Related items
Autumn Statement 2022
Thursday, 17 November 2022
Command papers
House of Lords
House of Commons
Grouped for answer
Yes
Subjects
Finance Schools
Contains statistics
Yes
Link
View this Written question on www.parliament.uk