Issue - meetings

Report ED18008

The Schools’ Forum considered a report which provided financial information reported to the Education, Children and Families Budget and Performance Monitoring Sub-Committee. This showed an underspend of £109,000 for the “controllable” element of the Non-Schools’ Budget, a reduction from the last reported figure of £75,000 overspend based on activity at the end of December 2016. This was largely due to an underspend on staffing and running expenses for the Early Intervention Service including additional recharge of Public Health grant, as well as a small underspend on the Youth Offending Service relating to staffing and running costs. There was also an underspend of £226,000 on the Schools’ Budget which was funded by the Dedicated Schools Grant, and would be added to £1.4m carry forward funding remaining from 2015/16, giving a total of £1.6m to be carried forward into 2017/18. A number of carry forward requests had been agreed by the Council’s Executive at its meeting on 20^th June 2017, which related to either unspent grant income or delays in expenditure where cost pressures would follow through into 2017/18.

A member noted that the report seemed to show that there had been an overspend of £1.5m for the Beacon House refurbishment. The Head of ECHS Finance said that figure had been presentational, the money had been set aside and no additional cost had been incurred.

RESOLVED: that the report be noted.