9 2019/20 BUDGET UPDATE PDF 111 KB
To consider a report of the Borough Treasurer.
The report provides
Schools’ Forum members with a further update on the 2019/20
budget setting process for the total Schools’ Budget
predominantly financed by deployment of the dedicated schools grant
(DSG);
Schools Forum members are asked
to:
I. Note the above report;
II. Offer any further comments on individual areas; and
III. Formally approve the individual resource budget allocations in the central school services block as per the table at section 7.4.
Officer contact: Peter Hughes on 0161 474 3947 or email: peter.hughes@stockport.gov.uk
Minutes:
A representative of the Borough Treasurer submitted a report (copies of which had been circulated) which provided Schools’ Forum members with a further update of the 2019/20 budget setting process for the total Schools’ Budget predominantly financed by deployment of the dedicated schools grant (DSG);
The following comments were made/issues raised:
· During discussion of the report, a representative of the Borough Treasurer specifically referred to the high needs block update in light of the additional funding provided within the Schools Funding Settlement (i.e. £125m nationally in 18/19 and 19/20). The report (section 6) outlined the current budget position, Local Authority plans and the decision not to revisit the formerly agreed 0.5% transfer from the schools’ block for 2019/20.
RESOLVED (i) That the report be noted.
(ii) Schools’ Forum members formally approved the individual resource budget allocations for services/activities in the central school services block as per the table at section 7.4