Decision details

EDUCATION PORTFOLIO BUDGET MONITORING 2014/15

Decision Maker: Portfolio Holder for Children, Education and Families

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes

Decision:

That the latest 2014/15 budget projection for the Education Portfolio as at the end of January 2015 be approved.

 

Reasons for the decision:

The Schools’ Budget, funded from the Dedicated Schools’ Grant and other specific grants was forecast to be in an overspend position of £257k, which would be set against the underspend carried forward from previous years.

 

The controllable part of the Non-Schools’ budget, funded from Council Tax, Revenue Support and other specific grants was forecast to be in an overspend position of £99k, assuming that £360k would be drawn from contingency at the end of the financial year to offset the expected reduction in Education Services Grant.

Publication date: 09/03/2015

Date of decision: 09/03/2015

Effective from: 17/03/2015

Accompanying Documents: