Issue - meetings

Report ED15120

The Forum received a report outlining early estimates of how the 2015/16 Dedicated Schools Grant (DSG) would be estimated and allocated. The report set out the changes for 2015/16 and the cost pressures, which included a growth bid of £500k for the Early Years Funding Formula (covered in minute 21 above) and a shortfall of £500k for bulge class funding. Various options were set out in the report for funding these, but a there was some feeling that consideration should be given to using the underspend on DSG.   

Officers would be working on the figures and carrying out detailed modelling to bring to future meetings of the Forum. In view of the current DSG surplus the Forum concluded that no decisions were needed at this stage.

RESOLVED that the Schools Forum notes that the Dedicated Schools Grant may overspend by £1m in 2015/16 because of the need to have an additional £500k in the Growth Fund and an additional £500k for Early Years funding, but there is no need at this stage to take any further action because of the DSG surplus built up over the past 3 years.