Issue - meetings

To consider a report of the Cabinet Member for Education.

Pownall Green Primary School is a 2FE school with approx. 400 pupils on roll and receives a delegated budget allocation of c. £1.3m p.a. via the local funding formulae. In addition the school receives an annual devolved formula capital allocation at £0.008m p.a. for minor school lead capital projects. The Prudential Borrowing loan application is to finance a project to re-develop and construct a new enhanced Kids Club building on the school grounds to be used as a new Before and After School provision operated by the School, to cater for 90 pupils (currently 70 pupils and oversubscribed) and replace the current provision operated by a third party.

The Cabinet is recommended to support and approve the proposed Prudential Borrowing request from Pownall Green Primary School to finance the school project to develop Before/After School provision.

Officer contact: Peter Hughes, 0161 474 3947, peter.hughes@stockport.gov.uk

The Cabinet Member for Education submitted a report (copies of which had been circualted) inviting the Cabinet to consider a request from Pownall Green Primary School for a Prudential Borrowing Loan to finance a project to develop before and after school provision on the school site.

The Cabinet Member emphasised that the request had been assessed as financially viable and the enhanced provision that would be available at the school in future would support the Cabinet’s wider aims.

RESOLVED – That approval be given to the proposed Prudential Borrowing request from Pownall Green Primary School to finance the School’s project to develop before/after school provision as set out in the report.

To consider a joint report of the Corporate Director for People and Corporate Director for Corporate and Support Services. (To Follow)

The report presents details of proposals for a Prudential Borrowing loan application from Pownall Green Primary School.

The Scrutiny Committee are invited to consider and comment on the report.

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

A representative of the Corporate Director for People and Corporate & Support Services submitted a report (copies of which had been circulated) presenting for comment proposals for a prudential borrowing loan application from Pownall Green Primary School.

RESOLVED – That the proposal for a prudential borrowing loan application from Pownall Green Primary School be approved in so far as the Area Committee is concerned.