Issue - meetings

SCHOOL BALANCES 2015-16

Meeting: 19/05/2016 - Schools Forum (Item 11)

11 School Balances 2015-16 pdf icon PDF 57 KB

To consider a report of the Corporate Director for Corporate and Support Services.

The report provides School Forum members with the final detailed analysis of the total school balances position recorded as at 31 March 2016.The report also details the application of the excessive school surplus balance mechanism process applied to schools reporting a surplus balance above the 12% threshold level as per the Scheme for Financing Schools document.

Schools Forum is asked to not the report.

Officer Contact: Peter Hughes on 0161 474 3947 or email peter.hughes@stockport.gov.uk.

Additional documents:

Minutes:

A representative of the Deputy Chief Executive submitted a report (copies of which had been circulated) outlining the final detailed analysis of the total school balances position recorded as at 31 March 2016.The report also detailed the application of the excessive school surplus balance mechanism process applied to schools reporting a surplus balance above the 12% threshold level as per the Scheme for Financing Schools document.

 

RESOLVED – That the report be noted.