Issue - meetings

(Mr K Abbott (Director Resources and Planning Group) and Mr G Ward Director (Capital and Infrastructure Group) 

(1)         The Committee discussed a report on the forecast outturn against budget for the Children Families and Education (CFE) Directorate for 2010/11 financial year, which was based on the exception monitoring report presented to Cabinet on 11 October 2010.

(2)         Mr Abbott advised that the next more detailed quarterly monitoring report would be submitted to the CFE Joint POSC meeting in January 2011.  He then highlighted that there were still significant pressures in fostering and adoption and the 16+ services being offset by staff vacancies with some savings in home to school transport.  There were reductions in the schools reserves of £3.4m, which mainly reflected the loss of reserves as schools that converted to academy status.  This was an estimated figure until such time that there was confirmation on all the school converting to academies.

(3)         Mr Ward then highlighted the key issues within the capital budget advising that it was anticipated that this would be a balanced budget although there were challenges.

(4)         RESOLVED that:

(a) the responses to questions by the Members be noted; and

(b) the projected outturn figures for both the revenue and capital budgets for the CFE Directorate as at the August exception monitoring report be noted.