Agenda item

The Committee considered a report of the Head of Financial & HR Services which provided the Committee with details of the forecast outturn budget position for the CAS service grouping, highlighting major variances in comparison with the budget for the year, based on the position to the end of September 2016 as reported to Cabinet in November (for copy see file of minutes).

Mrs Swift referred to paragraph 14 of the report in relation to the schools reserves budget that had reduced to £13.7 million and asked if there were concerns going forward for the 2018/19 budget.

The Finance Manager explained that the figure of £9.8 million would be used as a one off by schools to support the base budget.  He further explained that this would be looked at on a school by school basis and work would be ongoing with schools to assess their budgets.  Any problems would be raised with the school and the Corporate Director of Resources. 

Resolved:

That the report be noted.