Decision details

1.    That the level of balances held by Surrey maintained schools be noted;

2.    That the Dedicated Schools Grant be noted;

3.    That licensed deficits be approved for two schools as set below:

Cabinet Member approval is required where schools seek a licensed deficit in excess of 5% of the school’s budget share. One school, Wey House School, had a deficit in excess of 5% at 31 March 2020. One other schools, Guildford Nursery School, is expecting a deficit of over 5% at 31 March 2021.

Wey House School

* Note: A school’s annual budget can vary from year to year, particularly if temporary supplements are provided.