4. Approval of Schools Deficits 2015 PDF 197 KB
This report provides summary details of total schools’ balances and seeks Cabinet Member approval for licensed deficits where schools are projecting deficits in excess of 5% of their budget share. Four schools are seeking this approval in 2015/16.
Decision:
1. That the level of balances held by Surrey maintained schools be noted.
2. That one-year licensed deficits be approved for Gosden House, Fordway Pupil Referral Unit, Send C of E First School and St Bede’s Junior School.