Early Years Single Funding Formula banding values 2013 - 14

The following table provides the values for the funding bands for flexibility and quality for the Early Years Single Funding Formula (EYSFF). The values will apply for the financial year 2013 - 14, beginning 1 April 2013.

Base rate: £3.81

Plus:

Flexibility

F1	F2	F3	F4
-£0.10	£0.00	+£0.20	+£0.32

Quality

Q1	Q2	Q3	Q4
£0.00	+£0.14	+£0.25	+£0.31

Plus:

Deprivation

From April 2013 the deprivation funding must be based on individual children. Each child will have a deprivation funding value attached to them and settings will be paid according to the children who attend as per headcount. The weighting is based on Deprivation Affecting Children Index (IDACI) bandings as follows:

0 - 0.19	0.2 - 0.24	0.25 - 0.29	0.3 - 0.39	0.4 - 0.49	0.5 - 0.59	0.6 - 1
£0.00	+£0.20	+£0.25	+£0.30	+£0.40	+£0.48	+£0.50

For further details on the changes to the deprivation funding visit:

http://www3.hants.gov.uk/childrens-services/childcare/providers/eye-eysff.htm http://www3.hants.gov.uk/early_years_single_funding_formula_revision.pdf

Early Years Single Funding Formula banding values 2012-13

The following table provides the values for the funding bands for flexibility, quality and deprivation for the Early Years Single Funding Formula (EYSFF). The values will apply for the financial year 2012-2013, beginning 1 April 2012.

Base rate: £3.81

Plus:

Flexibility

F1	F2	F3	F4
-£0.10	+£0.00	+£0.20	+£0.32

Quality

Q1	Q2	Q3	Q4
£0.00	+£0.14	+£0.25	+£0.31

Plus:

Deprivation

D1	D2	D3	D4	D5
£0.00	+£0.06	+£0.12	+£0.23	+£0.39

The values have been derived using the EYSFF principles which have been applied following strong support from providers following the consultation period in late September/early October 2009 and have been discussed and approved by the Partnership Advisory Group and Schools forum in January/February 2012.

Business support continues to be available through the Childcare Development Co-ordinator based in the local SfYC field offices. If you are unsure which is the local field office for your setting, please call the SfYC helpline on 01962 847070.