Philip Badman - Newham College

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Workshop presentation by Philip Badman from Newham College at MoodleMoot UK 2010

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Philip Badman - Newham College

  1. 1. FUNDING & FINANCES 2010-2011 Funding and Finances 2010 – 2011 Philip Badman
  2. 2. FUNDING & FINANCES 2010-2011 the national picture . . . . funding learners 16-18 LR + 6.6% + 1.1% 16-18 Apps +12.2% +10.4% 19+ LR - 11.5% - 25.3% 19+ ER - 0.1% +23.3%
  3. 3. FUNDING & FINANCES 2010-2011 In context of: 16-18 – no rate increase – in-year adjustments – roll out functional skills – 14-19 qualification strategy
  4. 4. FUNDING & FINANCES 2010-2011 19+LR * 3% rate decrease * 50% fee contribution * 14 SFL weighting reduction * massive developmental learning reduction * 10% cut as minimum (up to 25%)
  5. 5. FUNDING & FINANCES 2010-2011 19+ER * 3% rate decrease (19-24 app) * 13% rate decrease (25+ app) * 6% rate decrease (T2G) * 50% fee contribution (inc. non first L2 T2G)
  6. 6. FUNDING & FINANCES 2010-2011 but . . .new opportunities: – flexible New Deal – 6 Month Offer – Young Person’s Guarantee – Response to Redundancy – Employability and Skills Programme
  7. 7. FUNDING & FINANCES 2010-2011 the emphasis: – efficiency – priorities (above anything else) – performance (harshly)
  8. 8. FUNDING & FINANCES 2010-2011 the reality . . . . 16-18 09/10 10/11 Funding £12.577m £13.093m + £0.516m Learner volume 3055 3147 + 92 SLN 2902 3115 + 213 ALS £569k £538k - £30k Overall per SLN £4333 £4202 - £131 (-3%) = more learners, cheaper
  9. 9. FUNDING & FINANCES 2010-2011 the reality . . . . 19+ 09/10 10/11 Funding £14.796 £13.317m - £1.479m SLNs 4035 3891 - 144
  10. 10. FUNDING & FINANCES 2010-2011 effect on budget . . . - immediate combined 16-18 and 19 LR cut = -£0.962 million
  11. 11. FUNDING & FINANCES 2010-2011 Budget 2010/11 . . . • objective of 1% Group surplus (£0.617m) • current estimate of circa £2m savings required
  12. 12. FUNDING & FINANCES 2010-2011 made even more difficult by no notification yet on . . . . • 19+ ALS • T2G • Apps • 16-18 and 19+ LSF • plus little certainty on ESF or other CIPS income streams
  13. 13. FUNDING & FINANCES 2010-2011 Funding and Finances 2010 – 2011 Philip Badman

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