Decision details

That the 2015/16 budget projection for the Education Portfolio be endorsed.

That the Council’s Executive be requested to approve a supplementary estimate of £382k from the Central Contingency relating to the projected overspend in the Adult Education service for 2015/16.

The Schools’ Budget, funded from Dedicated Schools’ Grant and specific grants was projected to be in an underspend position of £75k, which would be added to the £9.9m Dedicated Schools Grant carried forward from previous years, much of which would be spent during 2015/16 with £3m agreed for the refurbishment of Beacon House, £3.5m as a one-off distribution to schools and £2m to contain growth for two years.  The controllable part of the Non-Schools’ Budget, funded from Council Tax, Revenue Support and specific grants was projected to be in an overspend position of £529k, which included a projected £382k overspend in the Adult Education Service following a significant reduction in grant received from the Skills Funding Agency in recent years.