6 REPORT ON EXPENDITURE OF CENTRALLY RETAINED DSG BUDGETS 2015-16 PDF 187 KB
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Minutes:
DA provided a report detailing expenditure against the budgets retained centrally in 2015/16.
Early Years
The Forum was advised that the centrally retained budget for Early Years was £506,424 of which £497,985 had been spent. However, there had been an overspend in Early Years 2, 3 and 4 year old provision of £341,611 giving a total overspend of £333,172. DA was addressing this mismatch in the DSG.
School Admissions
There was a minor overspend due to staff costs as reported at the previous meeting.
Servicing of Schools Forum
Nil variance against a budget of £43,250.
Capital Expenditure from Revenue
There was underspend of £30,665 due to a missed payment. The Forum had already agreed at the last meeting to earmark some of the overall underspend DSG carry forward to cover the additional costs that would fall in 2017-18 because of the missed payment.
Termination of employment costs
Only £6k had been spent from a budget of £39k. This budget was no longer required in 2017-18
Pupil Growth Fund
The £2.7m DSG budget had been increased to £2.8m from funding recouped from the EFA. From this total budget there was an underspend of £500k which had been included in the overall DSG underspend carried forward. The funding was allocated as follows:
|
£ |
New permanent expansions - 2 schools |
135,581 |
Previous year expansions (cohorts moving through) -12 schools, 11.5 forms of entry |
497,129
|
Bulge classes -7 classes, 180 classes |
380,917 |
Commitment to meet unfilled classes from prev. year bulges |
1,031,962 |
Infant class size funding |
78,256 |
Prev yr growth in secondary |
56,423 |
Funding for academy expansions |
141,266 |
|
|
TOTAL |
2,321,533 |
The report was noted.