LCC Schools Finance

Additional Element 2 Targeted Mainstream Funding - *Payment Issue*

Article dated: 21/12/2023

The second payment for 7/12ths of the redetermined amount has now been processed and should be coded to 97411 once received.

 

Unfortunately, there was an issue in the calculation of the redetermination on the October Census which means some of the payments are incorrect - apologies for this error.

 

Please download the latest version of the Additional Element 2 Targeted Mainstream Funding spreadsheet.

 

Schools that have been underpaid will be sent the difference in the next week.

 

Schools that have been overpaid will be notified separately and sent an invoice to recover the overpayment. Please pay this as soon as the invoice is received.

 

For any queries please contact [email protected]