Issue - meetings

Report ED12048

The Sub-Committee considered a report setting out the budget monitoring position for the Education Portfolio based on expenditure to the end of July 2012.  The Schools’ Budget, funded from the Dedicated Schools’ Grant and specific grants, was forecast to spend in line with budget.  The controllable part of the Non-Schools’ Budget, funded from Council Tax, Revenue Support and specific grants, was forecast to be in an underspend position of £575,000.

RESOLVED that:

1)  The latest 2012/13 budget projection for the Education Portfolio be noted; and,

2)  The Education Portfolio Budget Monitoring Report 2012/13 be recommended to the Education Portfolio Holder for approval.