Issue - meetings

APPROVAL OF SCHOOL DEFICITS

Meeting: 04/07/2017 - Cabinet Member for Education Decisions (Item 4.)

4. APPROVAL OF SCHOOL DEFICITS pdf icon PDF 203 KB

This report provides summary details of total Surrey maintained schools’ balances and seeks Cabinet Member approval for licensed deficits where schools are projecting deficits in excess of 5% of their budget share.  Two schools require this approval in 2017/18.

 

Decision:

It was agreed that the Cabinet Member for Education:

 

1.    notes the level of balances held by Surrey maintained schools; and

 

2.    approves the one-year licensed deficits for Hale Primary and Chart Wood schools.