Nurseries remain concerned that they will receive a much lower rate in the Early Years National Funding Formula than the rate published for their local authority area by the Department for Education, but say that the council is now listening.
Providers have challenged initial proposals that suggested that the council would hold back 7 per cent of the allocated early years funding for central costs (which is permitted) and deprivation funding, and potentially 5.5 per cent to set up an inclusion fund for children with special educational needs.
However, it appears that Surrey county Council is rethinking the funding plans now that providers have raised their concerns.
A statement, received after Nursery World went to press (5 January), suggests that the council plans to hold back 5 per cent of funding, not 7 per cent.
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