Decision Maker: Children and Young People Policy Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: May 8, 2025

Purpose:

Content: The Committee RESOLVED:   To note: 1. The General Fund forecast outturn revenue overspend of £23.4 million at P10 2024/25 against the council approved budget.   2. The performance on delivery of savings (Appendix A2).   3. The no change to Risks and Opportunities (Section B Appendix A2)   4. The forecast net outturn position of £17.6m in the Dedicated Schools Grant and that this brings the carry forward deficit to £91.6 million. Following the application of the DfE’s 24/25 Safety Valve combined with contribution from the General Fund, a total £54.7 million is forecast to be carried forward at the year-end in the DSG deficit reserve.   5. The council’s forecast position against the Capital Programme revised budget 2024/25 (Appendix A2, Section C).