On this tab, you can change the funding calculation by using board-specific parameters. The parameters are updated by Anago when they are published in the Government Gazette. You will always receive a notification.
You can enter a board-specific amount or percentage in the override. This override is always leading. You must do this for every education type.
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NOTE: You should check the overrides after every system update and delete or change them if and as necessary. With the Anago/Override filter, you can only display the Anago parameters or the Override parameters.
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The calculations will be performed with these funding parameters the day after the changes were saved.
Changes that are based on an override must always be made in the Calendar year column, including changes to the funding by school year. All of the underlying columns are automatically populated with the values in the override.
Increase funding by a percentage
In addition to increasing the amount of all of the individual parameters, you can add a percentage increase to increase the basic funding per school/per pupil and the additional funding. All of the facts related to the basic/additional funding will be increased by that percentage. In addition to using a percentage to increase the basic funding, you can also enter an amount per pupil in the override.
You can add these increases in the following parameters (the parameter descriptions may differ per education type):
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You must then link these facts to a general ledger account. To do this, go to the General ledger accounts view, Funding tab, and link the fact per education type to a general ledger account that is linked to the Funding module on the Operations tab.
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Once the funding parameters have been changed, the funding is calculated by ticking Calculate funding and saving the view. No users other than the functional manager should be logged in to the system when calculations are running. The calculation can take a while.