Agenda item

Hine Thompson introduced the report (Agenda Item 15), which set out the forecast financial position of the services funded by the Dedicated Schools Grant (DSG), highlighting any under or overspends, and to highlight the cumulative deficit on the DSG.

It was noted that the DSG expenditure budget was £156.3 million which was £14 million more than the available funding. The Quarter three forecast showed a in?year deficit of £13.8 million, and the cumulative year?end deficit at £29.9 million. It was noted that with new funding streams in 2025/26 within the Early Years Block it was difficult to forecast accurately.

Hine Thompson concluded that total forecast deficit on the DSG amounted to £30.4m, with the position to be continuously monitored. No questions or comments were raised by members.

RESOLVED that the Schools’ Forum noted the report.