Redundancies – The centrally held school contingency is for unforeseen circumstances when the school’s budget share was initially determined; an example of the use of contingencies would be the funding of additional NNDR (business rate) costs following a re-valuation. Financial support for schools making redundancies in order to recover a deficit is also funded from here. Schools continue to face financial challenges and are likely to depend on the support of the contingency pot. The contingency is held at £0.460m