Agenda item

Further to the decision made by Schools Forum in January 2013 that the previous excess surplus school balance limits of 5% for Secondary and 8% for Primary schools be removed; a decision was made at the June 2015 meeting of Schools Forum that schools with an amount of excess surplus balance over these previous 5% and 8% limits be requested to provide details of this balance for submission to the October Schools Forum meeting.

It was noted that 32 schools had a balance that was over the previous 5% and 8% limits and they were contacted and asked to complete a pro-forma, all of which were appended to the report.  Most responses stated that the excess balances were to be spent on staffing costs or various improvements to the school playground, classrooms and buildings.

RESOLVED:  That Schools Forum

1)    Notes the amendment to the balances of Lunts Heath and Fairfield Primary Schools;

2)    notes the excess surplus schools balances intended usage for each School; and

3)    continues to monitor these and request further information if needed.