LGA briefing: Local Authority Central Spend Equivalent Grant (LACSEG)

The Department for Education has today published the Government response to the Consultation on the Academies Funding Transfer for 2011/12 and 2012/13. This follows the top-slice of £148 million in 2011/12 and £265 million in 2012/13, which was removed from formula grant to pay for central education functions for academies.