Issue - meetings
Education budget monitoring report for 1st quarter 2018-19
Meeting: 11/09/2018 - Cabinet Member for Education (Item 31)
31 Education Portfolio Budget Monitoring Report for the First Quarter 2018-19 
PDF 131 KB
Purpose of report
To inform the Cabinet Member of the projected revenue expenditure within the portfolio cash limit and capital programme for the current financial year 2018-19. This report sets out the budget position and contributing factors to the projected spend within the portfolio as at the end of June 2018.
RECOMMENDED
That the Cabinet Member notes the Education Portfolio forecast revenue and capital budget positions, as at the end of June 2018, together with the variance and pressure explanations.
Minutes:
(TAKE IN REPORT)
The report was introduced by Beverley Pennekett, Finance Manager. Mike Stoneman, Deputy Director Children, Families and Education added that the service is managing the budget pressures carefully and the full picture on the home to school transport budget will not be known until October.
DECISION: The Cabinet Member noted the Education Portfolio forecast revenue and capital budget positions, as at the end of June 2018, together with the variance and pressure explanations.