§ Andrew GeorgeTo ask the Secretary of State for Education and Skills what progress she has made in the review of the LEA funding formula. [6691]
§ Mr. TimmsWe have two working groups, comprising local government and schools partners, developing proposals for a new LEA funding system. To ensure that we get the formula right, we have decided to implement reform in 2003–04 rather than 2002–3. This will allow us to see the impact of all the changes we will be making to local authority finance, not just those which affect education.