Decision details

This report informs the Cabinet of the details and options surrounding the announcement, at the end of March 2003, of additional Government funding for Education Services in Medway for 2003/2004.

123/2003 The Cabinet agreed to recommend to Council that the Schools budget is increased by the additional funding of £1.295 million being made available by Government.
124/2003 The Cabinet agreed to recommend to Council that officers be instructed to compose a response to the DfES emphasising the continuing shortcomings of the Formula Spending Share calculation for Medway and the particular requirement to have the shortfall recognised by the award of this additional funding to be made recurrent.

The additional funding announced by the DfES will result in a change to the budget approved by the Special Council on 19 February. In accordance with the constitution this will require a further decision of Council and will be considered at the Council meeting on 9 April 2003.