Agenda item
Growth Fund 2021/22 (Melanie Ellis)
Minutes:
Melanie Ellis introduced the report (Agenda Item 13), which aimed to inform Forum members of payments made to schools from the Growth Fund budget in 2021/22.
Only one school had applied and been approved for growth funding, which was the Calcots, for the amount of £38.5k. Further detail could be found within the report.
All schools had been invited to make a funding request after the October 2021 census data, if they felt that they met the growth fund criteria.
The table on page 100 of the report showed the forecast balance in the growth fund and the forecast amount remaining at 31st March 2023 was £786,767.
Gemma Piper queried what happened to contingency funding. Melanie Ellis confirmed that the funding was placed in this category in case there was another application received. If this funding was not paid out the balance in the fund would increase.
RESOLVED that the Schools’ Forum noted the report.
Supporting documents:
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