Agenda item

Claire White presented the report on the growth fund and falling rolls fund.

Following the October 2014 census all schools were invited to make a funding request if they felt that their circumstances met the growth fund criteria. Six schools (Calcot Junior, John Rankin Infants, Purley, Spurcroft, Theale Primary and The Willows) met the criteria and payments of £148k have been made leaving an unspent balance of £102k in the growth fund.

No schools were eligible for the falling rolls fund as in order to qualify the school needs to have a good or outstanding Ofsted report. The under spend is £120k.

The total under spend of £222k will be carried forward and has been added to the schools block estimate of funding for 2015/16.

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