The Schools Forum of Richmond upon Thames Council met on Thursday 27 June 2024 to discuss several key issues, including the 2023/24 finance outturn, updates on the high needs block, and the scheme for financing schools. Decisions were made on funding allocations and financial updates for the upcoming fiscal year.

2023/24 Finance Outturn

The Forum reviewed the 2023/24 Finance Outturn, which detailed the financial performance of the council's education budget for the previous year. The report highlighted a surplus due to underspending in certain areas. Members discussed reallocating these funds to address shortfalls in other sectors, particularly special educational needs and disabilities (SEND) services. The decision was made to approve the reallocation of surplus funds to support underfunded areas.

High Needs Block Update

The Forum examined the minutes from the Richmond Schools High Needs Block meeting held on 22 May 2024. Discussions focused on the ongoing challenges in funding high needs education. The Forum acknowledged the increasing demand for SEND services and the need for sustainable funding solutions. It was agreed that further lobbying for additional government funding would be necessary.

2024/25 Finance Update

An update on the 2024/25 financial outlook was presented, outlining the projected budget and financial pressures for the upcoming year. The report indicated potential deficits due to rising costs and increased demand for services. The Forum discussed strategies to mitigate these pressures, including potential efficiency savings and prioritising essential services. The update was noted, and further detailed planning was requested.

Scheme for Financing Schools

The Forum reviewed the Scheme for Financing Schools and its local version Scheme for Financing Schools LBR 2024. The scheme sets out the financial relationship between the local authority and the maintained schools it funds. Key changes included updates to financial regulations and procedures to ensure compliance with national standards. The Forum approved the updated scheme, emphasising the importance of financial transparency and accountability.

Alternative Provision

The Forum also discussed the Alternative Provision report, which outlined the current state and future plans for alternative education settings for students who cannot attend mainstream schools. The report highlighted the need for more resources and better integration with mainstream education. Members agreed on the necessity of improving alternative provision to better support vulnerable students.