Issue - meetings

Report CEF21002

The report provided the budget monitoring position for 2020/21 based on activity up to the end of December 2020.

The Committee noted that the latest projected overspend had reduced to £370,000 although the full year effect remained high.  The majority was contained with 2021/22 growth there would be a continuing need for close monitoring going forward.

Members noted that the 2021/22 budget had been predicated on 320 looked after children rising to 327 by the end of the financial year.

In respect of the Dedicated Schools Grant (DSG), the Committee noted that the DfE expected any deficit to be managed as part of the overall funding envelope.  There had been surpluses in the past and significantly more funding had been received for 2021/22 and Officers hoped that it would be possible to manage and contain the deficit within 2021/22 funding.  If this was not possible there would need to be a report back to the DfE who would then consider what further action was required.  The Director of Education confirmed that a number of transformation projects were in place to mitigate the pressures within the DSG including work around Alternative Provision.  Another key area of focus was the spend in relation to SEN places and it was believed that the approved opening of a Special Free School would have a significant impact.

Members noted that there were some sold services to schools including  Education Psychologists, Finance and Workforce Development, and whilst there were currently no plans to extend the offer of sold services the Department would continue to look at new ways to generate income where appropriate.

In respect of pressures on school places, the Portfolio Holder reported that plans were in place for the expansion of some settings.  There were pressures but robust plans were in place to manage the pressures.

RESOLVED: That the Portfolio Holder be recommended to note the latest projected overspend of £370,000 on the controllable budget, based on information as at December 2020.