Issue - meetings

Purpose of report

To inform Cabinet Member of the projected revenue expenditure of the Dedicated Schools Grant (DSG) for the current financial year 2019-20 as at the end of September 2019.

RECOMMENDED that the Cabinet Member:

(1)  Notes the forecast year-end budget position for the Dedicated Schools Grant as at 30 September 2019, together with the associated explanations contained within this report.

(2)  Approves the necessary adjustments to Dedicated Schools Grant to reflect:

·           Early years budgets and DSG income budget, to reflect the adjustment in grant funding due to pupil number changes, as set out in paragraphs 3.30 and 3.31.

The report was introduced by Alison Egerton, Group Accountant. 

Councillor Norton said it was important to note that the government are planning to spend an extra £2.6 billion on education next year nationally.   

Councillor Horton added that the additional money received this year has really helped the situation.  There is £3 million additional funding from government for SEN for the next financial year however there is still significant pressures across the country on SEN therefore any additional funds would be welcomed.

The Cabinet Member for Education:

1.    Noted the forecast year-end budget position for the Dedicated Schools Grant as at 30 September 2019, together with the associated explanations contained within the report.

2.    Approved the necessary adjustments to Dedicated Schools Grant to reflect the Early Years budgets and Dedicated Schools Grant income budget, to reflect the adjustment in grant funding due to pupil number changes, as set out in paragraphs 3.30 and 3.31 of the report