Decision details

That the drawdown of £297,000 from central contingency as a carry forward request be approved.

That the latest 2013/14 budget projection for the Education Portfolio as at the end of July 2013 be approved.

The Schools’ Budget, funded from the Dedicated Schools’ Grant and specific grants was forecast to be in an underspend position of £1,135,000, which would be carried forward into the next financial year. 

The controllable part of the Non-Schools’ Budget, funded from Council Tax, Revenue Support and specific grants, was forecasted to be in an overspend position of £3,000.

On 12^th June 2013, the Council’s Executive was requested to approve a number of carry forward requests relating to either unspent grant income, or delays in expenditure where cost pressures would follow through into 2013/14.  This included a carry forward request of £297,000 by the Education Portfolio to cover the costs of urgent property works at Children’s Centres within the Borough.