The Dedicated Schools Grant (DSG) was first introduced in 2006-07; the funding that Bexley received in 2006-07 and the indicative allocation for 2007-08 are detailed in the following table:
2006-07 (final) 2007-08 (indicative) DSG guaranteed unit of funding per pupil 3,719.15 137.002 Total DSG funding 3,969.90 145.552 Notes: 1. Figures are on a cash basis 2. Prior to the introduction of the DSG, funding for nursery, primary and secondary school aged pupils was through the Education Funding System (EFS) which was part of the local government finance settlement. EFS was based on what an authority needed to fund education whereas DSG is largely based on an authority’s previous spending. EFS also included funding for an authority's central functions, this is still part of DCLG’s local government finance settlement rather than DSG. For these reasons EFS and DSG are not comparable. 3. The DSG does not represent the totality of education funding; there are other grants that support the schools budget which have not been included in the table. Source: http://www.teachernet.gov.uk/docbank/index.cfm?id=9405