Agenda item

Ian Pearson introduced the report (Agenda Item 11), which reported the forecast financial position of the services funded by the Dedicated Schools Grant (DSG), highlighting any under or over spends, and to highlight the cumulative deficit on the DSG.

Ian Pearson reported that quarter two was early in the year to make an exact prediction. The table under section 5.4 of the report provided an overview of each of the blocks. It could be seen that the largest deficits were in the Early Years Block and High Needs Block (HNB). Forecasts were provided in the final column of the table. The deficit in the HNB was expected to be between £5.3m and £5.6m. There would be a clear idea of the final position at period nine at the end of quarter three.

RESOLVED that the Schools’ Forum noted the report.