28 Dedicated Schools Grant Budget Monitoring Report for the First Quarter 2017/18 PDF 142 KB
Purpose of report
To inform the Cabinet Member for Education of the projected revenue expenditure within the Dedicated Schools Grant (DSG) for the current financial year 2017-18 as at the end of June 2017.
RECOMMENDED that the Cabinet Member:
(1) Notes the forecast year-end budget position for the Dedicated Schools Grant as at the end 30th June 2017, together with the associated explanations contained within this report.
(2) Agrees to delegate authority to the Section 151 officer to make the necessary adjustments to Dedicated Schools Grant budgets throughout the year, to reflect the conversion of schools to academy status.
Minutes:
The report was introduced by Alison Egerton, Group Accountant.
DECISIONS : the Cabinet Member
(1) Noted the forecast year-end budget position for the Dedicated Schools Grant as at the end 30th June 2017, together with the associated explanations contained within the report;
(2) Agreed to delegate authority to the Section 151 officer to make the necessary adjustments to Dedicated Schools Grant budgets throughout the year, to reflect the conversion of schools to academy status.