Agenda item

Proposed Itemised Education Board Budget for the 2020/21 Financial Year

Joint report of the Chamberlain and the Director of Community and Children’s Services.

Minutes:

Members considered a report of the Director of Community and Children’s Services and the Chamberlain regarding the Education Board’s proposed itemised budget for the 2020/21 financial year.

 

It was noted that the COLAT Central Services grant had been reduced following a decision taken by the Education Board in November 2017. This grant was thus due to cease in the Financial Year beginning April 2021.

 

Members discussed the need for an estimated £20k to be found within the budget to pay for internal and external legal fees that were likely to be incurred in supporting, as sponsor and co-sponsor, the transfer of the  City Academy Hackney and City of London Academy Islington to join CoLAT. It was noted that there is no provision for the academy conversation in the Education Board’s budget and so clarity would need to be provided on where funds would be resourced. The Chamberlain advised that required funding would be allocated through a viament from within the existing Department of Community and Children’s Services budget.

 

Members supported the proposed itemised Education Board Budget for the 2020/21 Financial Year for submission to Policy and Resources Committee for final approval which can be found in Appendix 2 of the report.