We are projecting that we will overachieve on FM35 this year, and meanwhile are struggling with meeting the amount set in the contract for Community Learning. Has anyone vired funding allocations across as per the below? Has this worked on your funding claims in terms of not appearing to over achieve on the Adult Skills side? I know it is all one AEB now, but there is still the differentiation isnt there. Hope this makes sense! Thanks all.
From para 221 of 18/19 Funding Rules:
If we fund you through a grant or financial memorandum, you have the flexibility
to use all, or some, of your non-formula community learning funding in line with
the AEB formula-funded methodology (fund model 35), to meet local demand.