School Funding Formula for Torfaen
"A local authority much have regard to the desirability of such a formula being simple, objective, measurable, predictable in effect and clearly expressed" (The School Funding (Wales) Regulations 2010, Section 10 paragraph 2)
Did the authority provide a written explanation of the Torfaen funding formula? Yes, Torfaen provided both a detailed description of the basis for their formula together with the financial calculations for each school.
Is the formula measurable? Is it predictable? Yes. With the necessary specific information related to a school it ought to be possible to work out how a school's funding was arrived at.
"The regulations require that 70 per cent of the funding must be distributed on the basis of pupil numbers. (School Funding in Wales Research Briefing August 2018)
Is 70% of school funding based on pupil numbers? Yes. Though not explicitly stated it is possible to calculate that at least 70% of school funding is based on pupil numbers. In addition, since base level funding per pupil is the same acoss all schools in specific year groups, Torfaen is also ensuring "the same funding for pupils of the same age irrespective of the nature of the school which they attend" (The School Funding (Wales) Regulations 2010, Section 23 paragraph 1b).
References: Data Sources for Torfaen