Agenda item

Coral Miller presented the paper on the Growth Fund, including information on the 2014/15 outturn, confirming the available carry forward figure and providing information about the funding to schools. SBC recommends that the 2014-15 under spend of just over £400,000 be carried forward to 2015-16 in full.  This figure was higher than expected (£312,000 was agreed in Dec. 2014).  This was because of building delay at one school.

There has been an increase in the Slough school population of 695 new pupils since last year, excluding new schools, which is higher than the 652 anticipated, hence the future need for the Growth Fund.  This increase is partially related to the movement of families from the London area to Slough.

Nicky Willis asked if bulge classes could be shown separately in future.

Schools Forum agreed to carry forward the additional £88,000.

Coral Miller confirmed that the 2015/16 total Growth Fund was now approximately £1.25 million.