Early Years Providers funding rates for 2024/25

In November 2023, DfE confirmed local authorities hourly funding rates for 2024/25.  Each LA must then determine their own funding formulae and consult with its school’s forum group and early years providers before the rates for the financial year are set and this is a statutory requirement.

The first meeting of Gloucestershire’s Schools Forum group that the formulae could be presented to was 11 January 2024.  The group agreed with the 2 options presented and we are now able to consult with the Early Years sector.

This consultation is your opportunity to tell us which of these options is your preference.  Once we have analysed all responses, we will adopt the option preferred by the majority of providers that responded to this consultation.  We will communicate a decision to all providers by end of February 2024.

Consultation Closing date is 31st January.