Decision details

EDUCATION PORTFOLIO BUDGET MONITORING REPORT 2014/15

Decision Maker: Portfolio Holder for Children, Education and Families

Decision status: Recommendations Approved

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 July 2014 be approved.

Reasons for the decision:

The Schools’ Budget, funded from the Dedicated Schools’ Grant and specific grants was forecast to be in an underspend position of £1,308k, 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 forecast to be in an overspend position of £369k, assuming that £519k would be drawn from contingency to offset the shortfall in Education Services Grant.

Publication date: 19/09/2014

Date of decision: 19/09/2014

Effective from: 27/09/2014

Accompanying Documents: