Local Authority Central Spend Equivalent definition

Local Authority Central Spend Equivalent. Funding representing a proportion of the LA Education Budget money which the LA would be able to retain, from the non- delegated elements of the Schools Budget and the relevant items in the LA Budget, if that Academy were a maintained school. The proportion which this funding will represent will be based on the elements of the LA's Section 251 Budget Return which are relevant to that Academy.

Examples of Local Authority Central Spend Equivalent in a sentence

  • When a school becomes an Academy, it receives a grant called the Local Authority Central Spend Equivalent Grant (LACSEG) to cover the cost of services previously provided by the Local Authority.

  • It replaces the Local Authority Central Spend Equivalent Grant (LACSEG) and the relevant element of the Council’s formula grant.

  • So, the formula budget share and Local Authority Central Spend Equivalent Grant (LACSEG) (ie the appropriate share of retained budgets) would be recouped by the DfE, such that the final DSG would be lower than otherwise by up to £8.8m.

  • The Secretary of State for Education has proposed to keep the 2011/12 top-slice for the Local Authority Central Spend Equivalent Grant (LACSEG) unchanged; and calculate the LACSEG costs in each Authority towards the end of the 2012/13.

  • This figure includes £33.8 million of specific grant that has been rolled into the new system, £11.5 million that has been taken out of the system relating to Local Authority Central Spend Equivalent Grant (LACSEG) funding, and a new Council Tax Support Grant of £24.4 million which replaces the income that would previously have been raised from the council taxbase in relation to council tax benefit claimants.

  • Maximum delegation of central services budgets means that the element of Local Authority Central Spend Equivalent Grant (LACSEG) that is drawn from the Dedicated Schools Grant will be passed directly to Academies through the simplified local formula in 2013/14.

  • The Government has top-sliced £145m of Formula Grant nationally in anticipation of schools opting for ‘Academy’ status in 2011/12 in order to create a new Local Authority Central Spend Equivalent Grant (LACSEG).

  • Local Authority Central Spend Equivalent Grant (LACSEG) is paid to academies to cover the costs of services that the local authority provides to maintained schools because academies are expected to secure these services independently”.

  • Education Services Grant (ESG) replaced the former Local Authority Central Spend Equivalent Grant (LACSEG) in 2013-2014.

  • The local authority LAGSEG (Local Authority Central Spend Equivalent Grant) has reduced significantly and the DfE has decided that schools that convert before 1 September 2011 will receive protection funding limiting the reduction to 10%.

Related to Local Authority Central Spend Equivalent

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  • Virginia Stormwater Management Program authority or "VSMP authority" means an authority approved by the State Board after September 13, 2011, to operate a Virginia Stormwater Management Program.

  • Central Authority means the entity designated by the United States or a foreign country described in section 102(e)(iv) to perform the functions specified in the Convention.

  • Airport Authority means any city or any public or private board or other body or organization chartered or otherwise established for the purpose of administering, operating or managing airports or related facilities, which in each case is an owner, administrator, operator or manager of one or more airports or related facilities.

  • local authority area means a local authority area as defined in section 1 of the Local Authorities Act, 1992 (Act No. 23 of 1992);

  • medical authority means the medical authority as referred to in clause (p) of section 2 of the Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995 or such other medical authority as may, by notification, be specified by the Central Government for certifying “autism”, “cerebral palsy”, “multiple disabilities”, “person with disability” and “severe disability” referred to in clauses (a), (c), (h), (j) and (o) of section 2 of the National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999;

  • Product Authorizations means any and all approvals, including applicable supplements, amendments, pre- and post-approvals, clearances, licenses, notifications, registrations, certifications or authorizations of any Governmental Authority, any Regulatory Agency necessary for the preclinical or clinical testing, manufacture, development, distribution, use, storage, import, export, transport, promotion, marketing, sale or other commercialization of a Product in any country or jurisdiction.

  • Universal Digital Loop Carrier (UDLC means the DLC system that has a CO terminal channel bank that is connected to the CO switches on the analog side.

  • Relevant Electric Retail Regulatory Authority means an entity that has jurisdiction over and establishes prices and policies for competition for providers of retail electric service to end- customers, such as the city council for a municipal utility, the governing board of a cooperative utility, the state public utility commission or any other such entity.

  • United States central authority means the Secretary of the United States Department of Health and Human Services.

  • Football Authority means each of the Premier League, The Football League, The Football Association, The Football Association of Wales, FIFA, UEFA and other relevant governing body of association football.

  • Applicable Insurance Regulatory Authority means the insurance department or similar insurance regulatory or administrative authority or agency of the jurisdiction in which the Company is domiciled.

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  • local authority means the council of a municipality that is a city, town or shire constituted under the Local Government Xxx 0000;

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  • Authority System means the Authority’s computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Authority or the Contractor in connection with this Contract which is owned by or licensed to the Authority by a third party and which interfaces with the Contractor System or which is necessary for the Authority to receive the Services.

  • Indigenous Peoples Plan or “IPP” means any of the plans acceptable to the Bank, adopted by the Borrower, through UCPyPFE-UEP, and/or the pertinent Participating Province when applicable as set forth in the Operational Manual, all prepared and to be carried out following the requirements of the Indigenous Peoples Planning Framework.

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  • local planning authority in relation to an area means⎯

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