Welsh Government publishes review of school funding formula to address inconsistencies
Cabinet Secretary for Education, Lynne Neagle MS has announced the publication of the Review of School Funding Formula in Wales. This review follows an independent assessment by education economist Luke Sibieta, which identified complexities in school funding across Wales. The Welsh Government has conducted an in-depth analysis of local authority funding formulae to understand the intricacies and decision-making processes involved. The newly published review provides a summary of this analysis and outlines recommendations aimed at creating a fairer, more transparent and consistent funding system for Welsh schools. The government plans to consult on proposed changes later in the year, working closely with stakeholders to inform future policy decisions.