Agenda item

To receive and consider the 2021/22 Revenue Monitoring report.

Katherine Vernon presented the 2021/22 Revenue Monitoring report.

Some of the points made during her presentation are listed below:

·           There was a deficit of £2.4 million, this represented a small positive improvement since the last meeting of Schools Forum;

·           There was a forecast underspend of £33K on the Schools Block in respect of funds held for the Growth Fund;

·           The in-year deficit in the HNB was now forecast at £2.45 million, with an improvement of £82k on that reported previously;

·           There had been a recoupment from Chiltern Way in relation to top ups for children out of the borough;

·           The £55k underspend in contingencies had been carried forward.

The Chairman asked that future reports include the Growth Fund underspend.

RESOLVED That the report be noted.