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 November 2014 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 underspend position of £606k, 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 other specific grants was forecast to be in an underspend position of £41k, assuming that £387k would be drawn from contingency at the end of the financial year to offset the expected reduction in Education Services Grant.

Publication date: 09/01/2015

Date of decision: 09/01/2015

Effective from: 17/01/2015

Accompanying Documents: