Issue - meetings

Received a report setting out the requirement for local authorities to confirm to the Department for Education and Skills (DfES) whether they intend to passport the full amount of Schools Formula Spending Share (FSS) for 2005/06 to the Schools Block and take up the full allocation of 2005/06 Standards Fund grant by 31 December 2004.  Also received details of proposed changes to the schools funding regime from 2006/07.

Agreed to:

1. The Director of Education, Arts and Libraries informing the DfES that the Council intends to passport the required increase in schools’ FSS funding of £6.36m in full to the Schools Block, and the intended take up of the Standards Fund grant allocations for 2005/06; and

2. Note the changes expected for Education funding for 2006/07 onwards, which will be the subject of further reports.